The European Restructuring Directive

Released on by Gerard McCormack
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  • The European Restructuring Directive Book Detail

  • Author : Gerard McCormack
  • Release Date : 2021-04-30
  • Publisher : Edward Elgar Publishing
  • Genre : Law
  • Pages : 319
  • ISBN 13 : 1789908817
  • File Size : 41,41 MB
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The European Restructuring Directive by Gerard McCormack PDF Summary

Book Description: This comprehensive book provides a clear analysis of the European Restructuring Directive, which aims to improve national frameworks governing business restructuring and insolvency as well as to provide debt relief for individuals. Gerard McCormack explores the key aspects of the Directive including the moratorium on litigation and enforcement claims against the financially-troubled business, the provision for new financing, the division of creditors into classes, the introduction of a restructuring plan and the rules for approval of the plan by a court or administrative authority.

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