Insolvency - Insolvency Law in Individual Countries

Insolvency Law in Individual Countries

Insolvency regimes around the world have evolved in very different ways, with laws focusing on different strategies for dealing with the insolvent corporate. The outcome of an insolvent restructuring can be very different depending on the laws of the state in which the insolvency proceeding is run, and in may cases different stakeholders in a company may hold the advantage in different jurisdictions.

Read more about this topic:  Insolvency

Famous quotes containing the words law, individual and/or countries:

    “Teacher, which commandment in the law is the greatest?” He said to him, “You shall love the Lord your God with all your heart, and with all your soul, and with all your mind.’ This is the greatest and first commandment. And a second is like it: You shall love your neighbor as yourself.’ On these two commandments hang all the law and the prophets.”
    Bible: New Testament, Matthew 22:36-40.

    The power of generalizing ideas, of drawing comprehensive conclusions from individual observations, is the only acquirement, for an immortal being, that really deserves the name of knowledge.
    Mary Wollstonecraft (1759–1797)

    I have never looked at foreign countries or gone there but with the purpose of getting to know the general human qualities that are spread all over the earth in very different forms, and then to find these qualities again in my own country and to recognize and to further them.
    Johann Wolfgang Von Goethe (1749–1832)