Creditor protection in private companies : Anglo-German perspectives for a European legal discourse

The Resource Creditor protection in private companies : Anglo-German perspectives for a European legal discourse
Label
Creditor protection in private companies : Anglo-German perspectives for a European legal discourse
Title remainder
Anglo-German perspectives for a European legal discourse
Statement of responsibility
Thomas Bachner
Creator
Subject
Language
eng
Summary
Limited liability companies form the backbone of our modern economy. However, there is a persistent danger of moral hazard on the part of directors and shareholders, particularly in closely held or private companies. Like all developed legal systems, English and German law both provide mechanisms designed to protect creditors from such risks. This book investigates some of these mechanisms, including the avoidance of pre-insolvency acts, capital maintenance and creditor-regarding duties of directors. By analysing the different conceptual and doctrinal perspectives inherent in the English and German systems, this book seeks to advance a discourse between audiences with different legal backgrounds. It will be an invaluable guide for those wishing to understand how the protective mechanisms operate and interact with each other, and how they do so in quite different ways in the two jurisdictions.--
Member of
Assigning source
Provided by publisher
Cataloging source
UkCbUP
Index
index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
  • International corporate law and financial market regulation
  • Cambridge Social Sciences eBooks
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