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Hardcover Creditor Protection in Private Companies: Anglo-German Perspectives for a European Legal Discourse Book
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ISBN: 0521895383

ISBN13: 9780521895385

Creditor Protection in Private Companies: Anglo-German Perspectives for a European Legal Discourse

(Part of the International Corporate Law and Financial Market Regulation Series)

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Limited liability companies form the backbone of our modern economy. However, there is a persistent danger of moral hazard on the part of directors and shareholders, particularly in closely held or private companies. Like all developed legal systems, English and German law both provide mechanisms designed to protect creditors from such risks. This book investigates some of these mechanisms, including the avoidance of pre-insolvency acts, capital maintenance...

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Format: Hardcover

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