ABOUT THE IMPOSSIBLE SIMULTANEOUS RUNNING OFINSOLVENCY AND ARBITRATION PROCEDURES

Ioan Schiau
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Ioan Schiau: Professor PhD., Faculty of Law, Transilvania University of Brasov, ROMANIA.

Curentul Juridic, The Juridical Current, Le Courant Juridique, 2019, vol. 79, 106-111

Abstract: The insolvency procedure is a special procedure aiming to treat all the claims against the insolvent debtor’s estate in a unitary and unique manner. By that, the opening of the insolvency procedure is fundamentally prohibiting any attempt of the creditors to simultaneously recover their claim through alternate procedures, like arbitration. This paper examines, from various perspectives, the incompatibility of these procedures running simultaneously.

Keywords: Insolvency Procedure; Arbitration; Recovery of Claims; Syndic Judge (search for similar items in EconPapers)
JEL-codes: K4 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pmu:cjurid:v:79:y:2019:p:106-111

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