Overview

This unique report looks at and compares the insolvency regulations as they apply to business owners, investors and creditors in: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, FYR Macedonia, Montenegro, Romania, Serbia and Turkey. Aimed at international companies and their professional advisers, this unique guide explains the legal process of reorganizing, winding-up and liquidating business in nine countries of South East Europe. The report is written by lawyers from leading firms in the countries profi led.

Full Product Details

Author:   Alica Henson
Publisher:   Blue Ibex Ltd
Imprint:   GMB Publishing Limited
Dimensions:   Width: 29.70cm , Height: 0.30cm , Length: 21.00cm
Weight:   0.170kg
ISBN:  

9781846731433

ISBN 10:   1846731437
Pages:   50
Publication Date:   18 December 2008
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Out of Print
Availability:   In Print  
Limited stock is available. It will be ordered for you and shipped pending supplier's limited stock.

Table of Contents

About the Contributors 1. Albania Introduction Conditions of insolvency Bankruptcy Court Participants Cross-border bankruptcy Ranking of creditors Alternatives to bankruptcy for the debtor Bankruptcy consequences 2. Bosnia and Herzegovina Introduction Insolvency proceedings Participants Creditor priority Legal effects of insolvency proceedings Challenging the legal actions of the debtor Termination of proceedings Reorganization plan Exclusive international jurisdiction Punitive provisions 3. Bulgaria Insolvency triggers Participants Commencement of proceedings Effects of insolvency proceedings Exits Personal consequences of insolvency 4. Croatia Introduction Bankruptcy applications Procedure Creditor ranking Special creditors' rights Special insolvency treatment 5. FYR Macedonia Introduction Launching proceedings Participants Rights and responsibilities of creditors Reorganization The Bankruptcy Law in practice 6. Montenegro Legal framework Law on Business Organization Insolvency Liquidation Participating bodies Priority ranking of claims Reorganization Insolvency of special types of organizations 7. Romania Initiating proceedings Effect of opening proceedings Reorganization Bankruptcy Close of proceedings Liability of the members of the management bodies 8. Serbia Introduction Legal framework Reorganization Bankruptcy and liquidation of banks and insurance companies 9. Turkey Introduction Sources of insolvency law Persons subject to bankruptcy Participants Bankruptcy proceedings Postponement of bankruptcy for stock companies Consequences of bankruptcy Discharge of bankruptcy Liquidation procedure The closure of bankruptcy Appendix

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Author Information

Alica combines several years' experience in international development and analysis with a specialization in the former Soviet Union. She spent several years in Kyiv with the International Finance Corporation and the non-profit US-Ukraine Foundation working on privatization, economic development and government reform. In addition, she has worked in Belarus and Tajikistan. She earned her BA in Russian Studies from Bryn Mawr college, PA, an MSc in Development Studies from the School of Oriental and African Studies, University of London and a Post-Graduate Diploma in Legal Practice from BPP Law School, London.

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