Since the financial crisis in Greece began there has been an evolution of legislative initiatives regarding pre-insolvency procedures addressing the need to lift barriers to efficient restructuring of Greek businesses. This May the Greek legislature introduced a new process of … […]
In the United States, bankruptcy is governed by the federal court and rules, with certain property rights being determined by state law. The federal Advisory Committee on Bankruptcy Rules, engaged in a modernization project intended to simplify the language within … […]
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