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INSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE

Published in:Challenges of the Knowledge Society
VerfasserIn:PAULINA DINA
Year of Publication: 2013-05-01
Publisher: Nicolae Titulescu University Publishing House
Language: English
Online Access: DOAJ
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abstract_txt_mvThe analysis of the development of the phenomenon in Romania has the role to highlight the trend that has been followed by the number of organisational entities that have been affected by the insolvency phenomenon in Romania, the distribution by counties and regions of the number of insolvency cases as well as the activity sectors that have been most affected by this phenomenon. At the same time, in order to provide an overall picture regarding the size of the insolvency phenomenon in Romania, organisational entities with extremely high turnovers have been given as examples, (legal entities) entities which, since 2008 up to the present moment, have been crossing one of the stages of the insolvency procedure. Some of them have been applied the simplified insolvency procedure, since they didn’t have the possibility to reorganise, and others, fewer in number, have used insolvency as a „rescue boat”, following the general insolvency procedure and entering a reorganisation process, in the attempt to avoid bankruptcy.
articleParentIssue_str-
articleParentTitle_txtChallenges of the Knowledge Society
articleParentVolumeNo_str3
authorPAULINA DINA
participants_txtF_mvPAULINA DINA
spellingShinglePAULINA DINA
INSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE
Insolvency
bankruptcy
debtor
creditor
collective insolvency procedure
judicial reorganisation.
author_wildcardPAULINA DINA
author2_roleVerfasserIn
author_roleVerfasserIn
author_sortPAULINA DINA
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datePublishSortStrict2013
erscheinungsform_strUnselbständig
formatelectronic
idoai:doaj.org:article:1db6fe7cca51493aafb9d8e9a5fb88fd
indexTimestamp_str1558592580100
issn2068-7796
languageeng
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publishDate2013-05-01
publisherNicolae Titulescu University Publishing House
recordtypemab
structType_strArtikel
sysNo_txtoai:doaj.org:article:1db6fe7cca51493aafb9d8e9a5fb88fd
titleINSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE
title_wildcardINSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE
title_fullINSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE
title_fullStrINSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE
title_full_unstemmedINSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE
title_shortINSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE
title_sortINSOLVENCY VERSUS BANKRUPTCY: ADVANTAGES AND DISADVANTAGES OF THE PROCEDURE
topicInsolvency
bankruptcy
debtor
creditor
collective insolvency procedure
judicial reorganisation.
urlhttp://cks.univnt.ro/uploads/cks_2013_articles/index.php?dir=1_Juridical_Sciences%2F&download=cks_2013_law_art_027.pdf
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