Creditor's (conflict of) interest during the bankruptcy proceeding

Zsuzsa Piller ()

A chapter in Symposium for Young Researchers 2007: Proceedings, 2007, pp 143-148 from Budapest Tech, Keleti Faculty of Economics

Abstract: Nowadays we are living in the golden age of involuntary dissolutions of companies . Starting from the liquidations’ statistics, the role of the reorganization keeps growing. Its important to say, that the crisis management processes mostly cannot be solved indoors, the active assistance of the creditors is necessary. The regulated crisis management supported by law, which is to the debtor company’s advantage doesn’t operate satisfactory because of the special environment of the creditors, and because of their usually subjective, multicoloured and controversial type of behavior.

ISBN: 9789637154645

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