Due to low success rates, several European countries have recently reformed their U.S. Chapter 11-type bankruptcy procedures or are planning future reforms. Using unique data from a survey among judges and insolvency practitioners (receivers), we explore the ex ante expectations of the impact of the 2009 adjustments to the Belgian reorganization procedure, including cost reductions, improvement of the procedure’s reputation, encouraging informal reorganizations and appointing a mediator. The general assessment is moderately positive, although judges are significantly more optimistic than receivers. In addition, we find that the respondents ’ expectations are related to their views on the current system, perceived causes of failure and regio...
[[abstract]]Application of a logit regression model to 555 bankruptcy filings from 30 countries from...
In an attempt to match US bankruptcy law, many European countries have reformed their insolvency law...
This Article offers a unique perspective on the heavily revised U.S. consumer bankruptcy law, which ...
Due to low success rates, several European countries have recently reformed their U.S. Chapter 11-ty...
Recent studies of U.S. Chapter 11 show it to be a relatively efficient procedure. We examine reorgan...
The EU’s 2019 Insolvency Directive increases debt holders’ control over bankruptcy reorganization pr...
Law and Economics literature recently gazed upon the "failure of judges" showing the various biases,...
online septembre 2016International audienceThe last few years have seen a phenomenal upsurge in the ...
Recent studies of U.S. Chapter 11 show it to be a relatively efficient procedure. We examine reorgan...
International audienceRecent years have witnessed a phenomenal upsurge in the number of corporate ba...
This paper investigates how the Court's organisation affect judgments. We use a historical accident ...
In the last fifteen years or so, lawyers working in law and economics and economists with an interes...
Using a sample of small Belgian firms that reorganized under the 1997 Law on Judicial Composition, I...
Despite the relevance of bankruptcy law for a number of key issues regarding business functioning an...
The 2008 financial crisis was followed by a global economic downturn, a credit crunch, and a reducti...
[[abstract]]Application of a logit regression model to 555 bankruptcy filings from 30 countries from...
In an attempt to match US bankruptcy law, many European countries have reformed their insolvency law...
This Article offers a unique perspective on the heavily revised U.S. consumer bankruptcy law, which ...
Due to low success rates, several European countries have recently reformed their U.S. Chapter 11-ty...
Recent studies of U.S. Chapter 11 show it to be a relatively efficient procedure. We examine reorgan...
The EU’s 2019 Insolvency Directive increases debt holders’ control over bankruptcy reorganization pr...
Law and Economics literature recently gazed upon the "failure of judges" showing the various biases,...
online septembre 2016International audienceThe last few years have seen a phenomenal upsurge in the ...
Recent studies of U.S. Chapter 11 show it to be a relatively efficient procedure. We examine reorgan...
International audienceRecent years have witnessed a phenomenal upsurge in the number of corporate ba...
This paper investigates how the Court's organisation affect judgments. We use a historical accident ...
In the last fifteen years or so, lawyers working in law and economics and economists with an interes...
Using a sample of small Belgian firms that reorganized under the 1997 Law on Judicial Composition, I...
Despite the relevance of bankruptcy law for a number of key issues regarding business functioning an...
The 2008 financial crisis was followed by a global economic downturn, a credit crunch, and a reducti...
[[abstract]]Application of a logit regression model to 555 bankruptcy filings from 30 countries from...
In an attempt to match US bankruptcy law, many European countries have reformed their insolvency law...
This Article offers a unique perspective on the heavily revised U.S. consumer bankruptcy law, which ...