Durability of Hong Kong's Scheme-based Reorganisation System - Image 1

£42.00

LAP Lambert Academic Publishing Durability of Hong Kong's Scheme-based Reorganisation System

Name: Durability of Hong Kong's Scheme-based Reorganisation System
Brand: LAP Lambert Academic Publishing
Price: 42.0 GBP
Availability: InStock

Law

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Description

A corporate reorganisation system that ensures optimal development of distressed companies' assets helps promote economic development. In many developed economies, faltering firms are reorganised through a formal corporate reorganisation procedure. The Hong Kong government has recently recommended the enactment of such a procedure on the assumption that the existing corporate and insolvency framework is ill-equipped to restructure failing companies. This book rebuts this assumption through an assessment of the efficiency of the judicially-developed reorganisation system that has emerged as a result of the failure to introduce a formal reorganisation procedure a decade ago. It argues that since an efficient alternative reorganisation system has been locked in for Hong Kong for more than a decade, a purposely-designed reorganisation regime is no longer imperative for this region.

Product Specifications

Brand: LAP Lambert Academic Publishing
Format: paperback
ASIN: 3659343005
Category: Books > Subjects > Business, Finance & Law > Law
Domain: Amazon UK
Release Date: 22 February 2013
Listed Since: 26 February 2013

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LAP Lambert Academic Publishing Durability of Hong Kong's Scheme-based Reorganisation System

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