Ondernemingsrecht 2017/95:The Business Rescue Craze in European Insolvency Law

Ondernemingsrecht 2017/95

The Business Rescue Craze in European Insolvency Law

You can’t always have your cake and eat it too

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The European Union’s strive for business rescue appears to be a means to multiple other ends, such as promoting entrepreneurship, maximising recovery rates for creditors and saving jobs. However, these underlying policy goals often conflict, complicating the drawing up of clear legislation and resulting in rules that are difficult to apply in practice. Especially by directors of companies, who are at the helm of a business and are – or at least should be – the firsts to know about the financial difficulties the company is in, and are thus the ones that should be taking the first steps towards ... Verder lezen? Log in om dit document te bekijken.

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