The current financial crisis has pushed
many firms to the brink of bankruptcy. A key policy question
is thus whether bankruptcy laws are efficient, in the sense
of allowing better firms to reorganize while liquidating
unviable firms. The sixth in impact series presents lessons
from a reform in Colombia that achieved this objective.
Bibliographic Details
| Main Authors: |
Love, Inessa,
Gine, Xavier |
|---|
| Language: | English |
|---|
| Published: |
World Bank, Washington, DC
2009-05
|
|---|
| Subjects: | BANK POLICY,
BANKRUPTCY,
BANKRUPTCY CODES,
BANKRUPTCY LAWS,
BANKRUPTCY PROCEDURE,
BANKRUPTCY PROCESS,
BANKRUPTCY REFORM,
BANKRUPTCY SYSTEM,
COSTS OF BANKRUPTCY,
CREDITORS,
DEBT,
DEBT LEVELS,
DEBT RELIEF,
DEBT SERVICE,
DEBTORS,
EFFECTIVE BANKRUPTCY,
FILING FOR BANKRUPTCY,
FILING FOR LIQUIDATION,
FINANCIAL CRISIS,
FINANCIAL HEALTH,
FINANCIAL SECTOR,
FINANCIAL SECTOR DEVELOPMENT,
FINANCIAL TRANSACTIONS,
FUNDS TO CREDITORS,
ILLIQUIDITY,
INEFFICIENT LIQUIDATIONS,
INSURANCE,
LEGISLATION,
LIQUIDATION,
LIQUIDATION PROCESS,
MACROECONOMIC CONDITIONS,
MANDATORY LIQUIDATION,
MICROENTERPRISES,
NEGOTIATIONS,
NUMBER OF BANKRUPTCIES,
REORGANIZATION,
REORGANIZATION PLANS,
REORGANIZATION PROCEEDING,
REORGANIZATION PROCEEDINGS,
REORGANIZATION PROCESS,
RETURN,
RETURNS,
SALE OF ASSETS,
TRANSACTION,
TRANSACTION COSTS,
VIABLE BUSINESSES, |
|---|
| Online Access: | http://documents.worldbank.org/curated/en/2009/05/12091318/evaluating-efficiency-bankruptcy-reform
https://hdl.handle.net/10986/10253
|
|---|
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
|---|
