Erfolgreiche Sanierung in der Insolvenz aus Sicht des Schuldnerunternehmens

Alfred Kötzle and Jörg Zirener

Metrika: International Journal for Theoretical and Applied Statistics, 2006, vol. 17, issue 1, 73-98

Abstract: This paper addresses the options of systematically managed insolvency proceedings to reorganise nonperforming firms. Crisis theory and an economic analysis of insolvency law suggest an “Insolvenzplanverfahren” based on a motion because of imminent insolvency in conjunction with requesting a debtor in possession solution is the best option for an indebted company. The success of a juristictional reorganisation depends on the optimal time to file for insolvency, a preselection of companies based on the appropriateness for a juristictional reorganisation, and the decision on asset utilisation. Copyright Springer-Verlag 2006

Date: 2006
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DOI: 10.1007/s00187-006-0159-5

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