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UNCITRAL Legislative Guide on Insolvency Law: Part IV Directors' Obligations in the Period Approaching Insolvency
United Nations
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Description for UNCITRAL Legislative Guide on Insolvency Law: Part IV Directors' Obligations in the Period Approaching Insolvency
Paperback. Num Pages: 38 pages. BIC Classification: LNPC. Category: (G) General (US: Trade). Dimension: 280 x 210. .
This book focuses on the obligations regarding management of an enterprise when it faces imminent insolvency or insolvency becomes unavoidable. The aim of imposing such obligations, which become enforceable once insolvency proceedings commence, is to protect the legitimate interests of creditors and other stakeholders and encourage timely action to address financial distress and minimize its effects. This publication addresses the key elements of provisions imposing such obligations, as well as the nature of the obligations, the time at which the obligations should arise, the persons to whom the obligations would attach, liability for breach of the obligations and enforcement of ... Read more
This book focuses on the obligations regarding management of an enterprise when it faces imminent insolvency or insolvency becomes unavoidable. The aim of imposing such obligations, which become enforceable once insolvency proceedings commence, is to protect the legitimate interests of creditors and other stakeholders and encourage timely action to address financial distress and minimize its effects. This publication addresses the key elements of provisions imposing such obligations, as well as the nature of the obligations, the time at which the obligations should arise, the persons to whom the obligations would attach, liability for breach of the obligations and enforcement of ... Read more
Product Details
Format
Paperback
Publication date
2014
Publisher
United Nations
Condition
New
Number of Pages
38
Place of Publication
New York, United States
ISBN
9789211338188
SKU
V9789211338188
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-3
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