The future of reorganization procedures in the era of pre-insolvency law

• Main Author: Aurelio GURREA-MARTINEZ
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: Bankruptcy; Corporate Insolvency; Debt restructuring; Debtor; Debtor in possession; Reorganization; Banking and Finance Law; Business Organizations Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3716; https://ink.library.smu.edu.sg/context/sol_research/article/5674/viewcontent/the_future.pdf
• Institution: Singapore Management University

Several countries and regions around the world, including Singapore, the United Kingdom, and the European Union are amending their restructuring framework to implement a pre-insolvency mechanism that looks like a US Chapter 11 reorganization. However, unlike what happens in the United States, where...