Search results for "debtor"

showing 10 items of 34 documents

Simplified restructuring proceedings in Poland as an example of anti – crisis regulation due to the COVID-19 pandemic

2020

Summary The study discusses new legislative anti – crisis solutions adopted in Poland in connection with the COVID – 19 pandemic. The Polish legislator decided to introduce the so-called simplified restructuring procedure. This happened in the face of the expectations of both the jurisprudence of law and practice. On the one hand, the simplified restructuring procedure (the fifth independent type of restructuring procedure for an entrepreneur in Poland) allows for a quick, cheap and simplified conclusion of an arrangement with creditors outside the court, then approved by the court. On the other hand, the opening of such proceedings gives the debtor protection against enforcement at the cre…

050502 lawEuropean Union lawInsolvencyRestructuringCreditor05 social sciencesDebtor0506 political scienceBankruptcy050602 political science & public administrationBusinessEnforcementLawLegislator0505 lawLaw and economicsInternational and Comparative Law Review
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How to pay for the debt — Coping with the Third World's crisis

1990

The Brady Plan is the first official proposal to give priority to a tangible reduction in the debtor countries' debt service burden and is thus a milestone along the path towards overcoming the international debt crisis. However, the instruments foreseen in the Plan virtually invite criticism and scepticism. What are the main inadequacies of the Brady Plan? How can the international debt strategy be developed further and made more effective?

MacroeconomicsEconomic policyEconomics Econometrics and Finance (miscellaneous)Debt-to-GDP ratioDebtorExternal debtDebt service coverage ratioIndebtednessEconomicsddc:330Business Management and Accounting (miscellaneous)Internal debtDebt levels and flowsDebt crisisSenior debt
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La Suprema Corte limita il privilegio processuale in favore del credito fondiario

2019

Lo scritto esamina una recente pronuncia della Corte di Cassazione, che ha ristretto la possibilità per i creditori fondiari di partecipare alla distribuzione del ricavato della espropriazione individuale proseguita ai sensi dell’art. 41, 2° comma, TUB (D.Lgs. 1° settembre 1993, n. 385). L’A., dopo avere ripercorso la disciplina positiva che regola i rapporti tra credito fondiario e fallimento, espone alcune considerazioni critiche sulla decisione. A recent judgment of the Supreme Court narrows the rights of banks, as mortgagee creditors, to seize the assets of the debtor notwithstanding bankruptcy proceedings, according to paragraph 41, subsection 2, of the Italian Consolidated Law on Bank…

credito fondiario - fallimento del debitore - espropriazione forzataSettore IUS/15 - Diritto Processuale CivileSettore IUS/04 - Diritto Commercialemortgagee creditor - bankruptcy proceeding- seizure of debtor assests
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Shared Cognitions in a Field of Informal Education: Knowledge Maps Towards Money Management of Young Adults

2013

Prerequisite knowledge of first grade Bachelor students (N = 48) on processes of private consumption and housekeeping (money management) has been assessed by means of knowledge mapping. The study is based on the fact that in German compulsory education, there is no emphasis on economic literacy. Young adults (students), however, have to cope with individual economic planning processes. Most of them succeed based on support from families, friends, and peers. Some may simply refer to successful models experienced within their money socialization or to professional advice. Others, however, fail and become confronted with early indebtedness or even overindebtedness. The percentage of young adul…

Economic growthKnowledge basebusiness.industrySocializationEconomicsFinancial literacyCognitionDebtorInformal educationCompulsory educationPublic relationsbusinessEconomic planning
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Some remarks on the issue of the legality of arrangement proposals under the Polish reorganization law

2018

arrangement proposalsdebtorArrangementcreditorСоциально-Политические Науки = Socialʹno-Političeskie Nauki
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The Case for Contingent Convertible Debt for Sovereigns

2015

We make the case for sovereigns to issue contingent convertible bonds as a means to forestall debt crises. These instruments contractually stipulate payment standstill, contingent on a sovereign’s credit default swap spread breaching a distress threshold. This is a financial innovation solution to the lack of sovereign debt restructuring mechanisms, limiting ex ante the likelihood of debt crises and imposing ex post risk sharing between creditors and the debtor. The new instruments are contingent contracts addressing neglected risks in sovereign debt. Building on literature for contingent convertible debt for banks we address the design of sovereign contingent debt, including market discipl…

050208 finance05 social sciencesDebt-to-GDP ratioRecourse debtFinancial systemDebtorExternal debtDebt restructuring0502 economics and businessInternal debtBusiness050207 economicsDebt levels and flowsSenior debtSSRN Electronic Journal
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Vecchi e nuovi problemi in tema di intervento dei creditori nell’esecuzione (note a margine di Cass. S.U. n. 61 del 7 gennaio 2014)

2015

Nel contributo in oggetto l'autore, muovendo dalla decisione delle Sezioni Unite della Cassazione n. 61 del 7 gennaio 2014, coglie l'occasione per riesaminare le vecchie e nuove problematiche sottese all’intervento dei creditori nel processo esecutivo. Il primo tema affrontato è quello della par condicio creditorum, che viene esaminata nella sua storia evolutiva dal Code Napoleon, al suo periodo di massima estensione, dato dal codice del 1940, fino al suo ridimensionamento a seguito delle riforme del 2005. Esamina quindi la possibilità del possibile superamento quoad effectum della distinzione tra intervento di creditori con titolo e senza titolo, alla luce delle evoluzioni della giurisprud…

b) the same par condicio creditorum principle and the consequent possibility of intervention of third party in the execution. It concludes however that a revolution like the aforesaid explained would be only apparently advantageouOld and new problems related to the intervention of creditors in the expropriation (marginal notes at Cass. Sez. Un. January 7 2014 n. 61) Moving from the decision of the Sezioni Unite n. 61/2014 the author takes the opportunity to re-examine old and new problems related to the intervention of creditors in the forceable execution. The first major theme concerns par condicio creditorum which is examined in its evolutionary history since the Code Napoleon through its period of maximum extension (the Code of 1940) until its reduction as a result of the reforms of 2005. The author examines the possibility to overcome quoad effectum the distinction between sine titulo et cum titulo interveners in light of jurisprudence’s evolution between 1978 2009 and 2014. The possibility in particular concerns those creditors sine titulo the where credit has not been contested (ex art. 499 c.p.c.) by the debtor seek payment and partecipate to distribution. In the last section the author examines the possibilities for other creditors to contest the intervention of the creditor sine titulo ex art. 499 c.p.c. (utendo iuribus in subrogation in case of inaction of the debtor) or in the distribution phase ex art. 512 c.p.c. He concludes that the only person that will be really damaged if he doesn’t contest - ex art. 499 c.p.c. - the credit it is precisely the debtor. He also notes that in the legislation of the last decade the apparent effort to reduce the numbers of judicial enquiry incidental to forceable execution will never be achieved unless it’s eliminated in radice: a) the existence in our system of extrajudicial enforcement titulaSettore IUS/15 - Diritto Processuale Civilesince it would lead to increase autonomous expropriations (one for each creditor who can today intervene) and to increment judicial enquiries in order to form enforceable judgments
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Codice di procedura civile ragionato. Commenti agli artt. 543 - 566

2021

Commento agli articoli del codice di procedura civile che regolano la espropriazione presso terzi e la espropriazione immobiliare Commentary of civil procedure code articles ruling a) seizure in the hands of a third person; b) seizure of immoble assets of the debtor

Settore IUS/15 - Diritto Processuale Civileseizure in the hands of a third person seizure of immoble assets of the debtorespropriazione forzata espropriazione presso terzi espropriazione immobiliare
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Otwarty katalog sposobów zabezpieczenia majątku dłużnika w postępowaniu w przedmiocie ogłoszenia upadłości na zasadach ogólnych

2020

Przedmiotem niniejszego opracowania jest udzielenie odpowiedzi na pytanie czy uregulowany w ustawie Prawo upadłościowe katalog sposobów zabezpieczenia majątku dłużnika na etapie postępowania w przedmiocie ogłoszenia upadłości ma charakter otwarty czy zamknięty? Prezentowana jest teza, że katalog sposobów zabezpieczenia ma charakter otwarty. W konsekwencji dopuszczalnym sposobem zabezpieczenia majątku dłużnika jest uchylenie zajęcia egzekucyjnego wierzytelności przysługujących dłużnikowi. Uchylenie zajęcia egzekucyjnego wierzytelności przysługujących dłużnikowi nie zostało wprost przewidziane przez ustawę jako sposób zabezpieczenia majątku dłużnika.

zabezpieczenie majątku dłużnikasecurity for the debtor’s assetsmethod of securityset aside attachment of the claimuchylenie zajęcia wierzytelnościsposób zabezpieczeniapostępowanie w przedmiocie ogłoszenia upadłościbankruptcy proceedingsStudia Prawnicze. Rozprawy i materiały
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Bankruptcy and restructuring law in Poland

2019

The aim of this study is to present general description of the bankruptcy and restructuring law in Poland. The insolvency law is of fundamental importance to business transactions and investment security. The law on bankruptcy and entrepreneurs’ restructuring is increasingly perceived as an important factor in encouraging economic development and investment as well as a factor favouring entrepreneurs’ activity and preservation of jobs. Substantive condition of the bankruptcy and restructuring law has a very real impact on the economy.

law in insolvencyinsolvencydebtorrestructuring lawthe United Nations Commission on international trade lawPolandEuropean lawcreditorbankrupcty lawSOCIETAS ET IURISPRUDENTIA
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