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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law > Bankruptcy & insolvency law
In Debtor Protection in American and European Union Bankruptcy Law,
international law scholar Dimitris Liakopulos raises a delicate
issue at the foundations of the modern banking system by analyzing
US bankruptcy law with a focus on the concept of automatic stay.
His work identifies legal sources and authorities having
repercussions in terms of operational protection. It then examines
their functional profiles, with specific regard to procedure. The
book then examines criminal exposure in US bankruptcy law, paying
particular attention to crime figures closer to those contained in
American bankruptcy law. The book's third part assesses the lack of
a discipline in these areas, a cumbersome gap observable at both
the international and regional levels. The financial crisis of 2008
recalled the necessity and importance of a coordinated and usable
crisis resolution mechanism for large financial conglomerates. The
lack of discipline in the field of cross-border insolvency, and
especially in the banking sector, stands out among studies and
legislative instruments that have attempted to address questions of
private international law, and of procedural law or of substantive
law.
With the increasing interdependence of global economies,
international relations are becoming a more complex system. Through
this, the growth of any economy is dependent upon the ease of
business transactions; however, in recent times, there has been a
growing impact of corporate insolvency law. Corporate Insolvency
Law and Bankruptcy Reforms in the Global Economy is an essential
reference source that discusses the importance of insolvency laws
in the financial architecture of emerging economies, as well as its
fundamental issues. Featuring research on topics such as business
restructuring, debt recovery, and governance regulations, this book
is ideally designed for law students, policymakers, economists,
lawyers, and business researchers seeking coverage on the
jurisprudence and policy of corporate insolvency law in a
globalized context.
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