The Resource Geschäftsleiterpflichten in Insolvenznähe = Director's duties in the vicinity of insolvency

Geschäftsleiterpflichten in Insolvenznähe = Director's duties in the vicinity of insolvency

Label
Geschäftsleiterpflichten in Insolvenznähe = Director's duties in the vicinity of insolvency
Title
Geschäftsleiterpflichten in Insolvenznähe = Director's duties in the vicinity of insolvency
Creator
Subject
Language
eng
Summary
The main task of insolvency related creditor protection is to facilitate, at an early stage, a company's restructuring or where required, liquidation. Numerous provisions have been implemented by the Austrian legislator in light of this aim. However, the efficiency of these may be questionable. The deficit can be ascribed to a lack of coordination and acceptance in practice. This paper aims at shedding light on selected European legal systems, and their respective methods to prevent corporate bankruptcy. The authors argue that the adaption of certain instruments, in particular an earlier intervention, could help to shift the emphasis of Austrian insolvency law from compulsory liquidation to reorganisation
Citation source
In: Steuer und Wirtschaft International. - Wien. - Vol. 15 (2005),
http://library.link/vocab/creatorName
  • Adensamer, N
  • Oelkers, J
  • Zechner, A.K
Geographic coverage
  • European Union
  • Europe
Language note
German
http://library.link/vocab/subjectName
  • insolvency
  • director
  • bankruptcy
Label
Geschäftsleiterpflichten in Insolvenznähe = Director's duties in the vicinity of insolvency
Instantiates
Publication
Label
Geschäftsleiterpflichten in Insolvenznähe = Director's duties in the vicinity of insolvency
Publication

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