The avoidance of pre-bankruptcy transactions: An economic and comparative approach

• المؤلف الرئيسي: GURREA-MARTINEZ, Aurelio
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2018
• الموضوعات: Avoidance actions; Preferences; Fraudulent conveyance; Insolvency; Twilight period; Misalignment of incentives; Banking and Finance Law; Commercial Law; Securities Law
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/sol_research/2970; https://ink.library.smu.edu.sg/context/sol_research/article/4928/viewcontent/Avoidance_Pre_Bankruptcy_pv.pdf

Most insolvency jurisdictions provide several mechanisms to reverse transactions entered into by a debtor prior to the commencement of the bankruptcy procedure. These mechanisms, generally known as claw-back actions or avoidance provisions, may fulfil several economic goals. First, they act as an ex...