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Abstract

<jats:p>A market-oriented insolvency law should aim to prevent the liquidation of viable companies. To achieve this, it must offer an effective legal framework for corporate restructuring. Through a comparative analysis with two Greek restructuring procedures, Natalie Papadopulou evaluates whether the insolvency plan procedure under German law fulfills the criteria for an effective legal framework.</jats:p>

Keywords

insolvency effective legal framework restructuring

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