Procedure and Practice of Bankruptcy Restructuring in the Republic of Croatia
Bankruptcy restructuring (or “insolvency plan”, as stipulated in Croatian Bankruptcy law) is a type of insolvency procedure which does not result in the death of the legal person, but in the survival and continuance of the debtor’s business. As such, this kind of procedure has certain economical pri...
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| Format: | Article |
| Language: | English |
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Pravni fakultet Sveučilišta u Splitu
2010-01-01
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| Series: | Zbornik Radova Pravnog Fakulteta u Splitu |
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| Online Access: | http://hrcak.srce.hr/file/90056 |
| _version_ | 1797427871758680064 |
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| author | Domagoj Sajter |
| author_facet | Domagoj Sajter |
| author_sort | Domagoj Sajter |
| collection | DOAJ |
| description | Bankruptcy restructuring (or “insolvency plan”, as stipulated in Croatian Bankruptcy law) is a type of insolvency procedure which does not result in the death of the legal person, but in the survival and continuance of the debtor’s business. As such, this kind of procedure has certain economical priority over bankruptcy liquidation. Yet, in Croatia this procedure is conducted rarely, and complicated system of voting and accepting an “insolvency plan” is mostly responsible for this.
This paper presents analyzes the procedure of bankruptcy restructuring in the Republic of Croatia, frequency of this procedure in practice, and arguments against usage of the term “insolvency plan”. |
| first_indexed | 2024-03-09T08:50:55Z |
| format | Article |
| id | doaj.art-63aa5486988a40f09d078152e5310ef6 |
| institution | Directory Open Access Journal |
| issn | 0584-9063 1847-0459 |
| language | English |
| last_indexed | 2024-03-09T08:50:55Z |
| publishDate | 2010-01-01 |
| publisher | Pravni fakultet Sveučilišta u Splitu |
| record_format | Article |
| series | Zbornik Radova Pravnog Fakulteta u Splitu |
| spelling | doaj.art-63aa5486988a40f09d078152e5310ef62023-12-02T14:19:06ZengPravni fakultet Sveučilišta u SplituZbornik Radova Pravnog Fakulteta u Splitu0584-90631847-04592010-01-01473729744Procedure and Practice of Bankruptcy Restructuring in the Republic of CroatiaDomagoj SajterBankruptcy restructuring (or “insolvency plan”, as stipulated in Croatian Bankruptcy law) is a type of insolvency procedure which does not result in the death of the legal person, but in the survival and continuance of the debtor’s business. As such, this kind of procedure has certain economical priority over bankruptcy liquidation. Yet, in Croatia this procedure is conducted rarely, and complicated system of voting and accepting an “insolvency plan” is mostly responsible for this. This paper presents analyzes the procedure of bankruptcy restructuring in the Republic of Croatia, frequency of this procedure in practice, and arguments against usage of the term “insolvency plan”.http://hrcak.srce.hr/file/90056bankruptcyrestructuringreorganizationinsolvency |
| spellingShingle | Domagoj Sajter Procedure and Practice of Bankruptcy Restructuring in the Republic of Croatia Zbornik Radova Pravnog Fakulteta u Splitu bankruptcy restructuring reorganization insolvency |
| title | Procedure and Practice of Bankruptcy Restructuring in the Republic of Croatia |
| title_full | Procedure and Practice of Bankruptcy Restructuring in the Republic of Croatia |
| title_fullStr | Procedure and Practice of Bankruptcy Restructuring in the Republic of Croatia |
| title_full_unstemmed | Procedure and Practice of Bankruptcy Restructuring in the Republic of Croatia |
| title_short | Procedure and Practice of Bankruptcy Restructuring in the Republic of Croatia |
| title_sort | procedure and practice of bankruptcy restructuring in the republic of croatia |
| topic | bankruptcy restructuring reorganization insolvency |
| url | http://hrcak.srce.hr/file/90056 |
| work_keys_str_mv | AT domagojsajter procedureandpracticeofbankruptcyrestructuringintherepublicofcroatia |