On the control of the administration of insolvency proceedings in the context of trends in the development of bankruptcy of enterprises

View Full Paper

Ask AI

Bookmark

A pro-debtor approach in insolvency law may revolutionize traditional views on bankruptcy management, and rebuilding businesses becomes a focal point.
Current bankruptcy practices show a need to shift priorities from quick creditor satisfaction to balancing interests among all stakeholders.
The role of the arbitration manager should evolve from a creditor-focused agent to that of a crisis manager or business restructurer.
Legislation changes, drawing from international experiences, could enhance the effectiveness of control in insolvency proceedings.

Discussion

No takes yet. Share an insight, caveat, or question.

Analysis reveals shifts in control over bankruptcy administration, impacting creditors and corporate governance.

Ksenia Michailovna Belikova (2025) studied this question.

View Full Paper

Ask AI

Bookmark