Ondernemingsrecht 2015/37:Proposed recommendations for the reform of chapter 11 U.S. Bankruptcy Code

Ondernemingsrecht 2015/37

Proposed recommendations for the reform of chapter 11 U.S. Bankruptcy Code

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The US Bankruptcy Code’s chapter 11 procedure is both in practice and conceptually the most important insolvency procedure worldwide. Many countries, including the Netherlands, look at Chapter 11 for inspiration in revising their own insolvency laws. Chapter 11 is, however, itself up for revision. On December 4, 2014, the American Bankruptcy Institute (ABI) issued breaking news for the restructuring and insolvency community in the USA when it presented its Final Report and Recommendations on the Reform of Chapter 11. This article discusses the most principled recommendations that will also be of the most relevance for legislatures and policy makers drawing ... Verder lezen? Log in om dit document te bekijken.

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