Access to finance is key to the development of the private sector. Lenders need tools to assess not only the risk of non-repayment but also what happens if a debtor cannot repay debts as they mature. A good insolvency framework - one with clear rules, that efficiently rehabilitates viable companies and liquidates non-viable ones - provides entrepreneurs and lenders with tools to evaluate the consequences of a worst-case scenario. Providing corporate...
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INFORMATION
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2017/12/01
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Document de travail
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122196
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1
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1
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2017/12/21
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Disclosed
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Resolving insolvency : the challenges of successfully implementing insolvency reforms
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reorganization procedure
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