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Rescue of Business in Europe

Edited by: Bob Wessels, Stefan Madaus, European Law Institute

ISBN13: 9780198826521
Published: March 2020
Publisher: Oxford University Press
Country of Publication: UK
Format: Hardback
Price: £255.00



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This edited volume is based on the European Law Institute's project, The Rescue of Business in Insolvency Law, which ran from 2013 to 2016. The project sought to investigate and articulate the essential features of well-functioning procedures for the "rescue" of distressed but viable businesses. Although the focus was primarily on the design and implementation of formal procedures (that is, those provided by law), the project also required consideration of the interaction between such procedures and informal solutions to distress, given the obvious cost advantages of the latter. The ELI project was not confined exclusively to restructurings, since these are only one possible route to maximising the value of a distressed but viable business (an auction procedure, in which the business is sold on a going concern basis to a new owner, is one obvious alternative). The ELI project encompasses various aspects of both public/constitutional law and insolvency law that may have a bearing on the functionality of formal restructuring procedures.

Subjects:
Insolvency Law
Contents:
PART I: INSTRUMENT AND REPORT OF THE EUROPEAN LAW INSTITUTE: BUSINESS RESCUE IN EUROPE
Instrument of the European Law Institute: Business Rescue in Europe, European Law Institute

PART II: PREVENTING AND RESOLVING CONFLICTS OF JURISDICTION IN EU CRIMINAL LAW
Reporters' Notes to National Reports and International Recommendations, Bob Wessels and Stephan Madaus
National inventory and normative reports by country
International Inventory Report