Creditor Protection and the Application of the Solvency and Balance Sheet Tests under the Company Laws of Finland and New Zealand
Creditor protection in the recently adopted Finnish Limited Liability Companies Act (FLLCA)1 has gone through structural changes compared to the preceding Finnish Limited Liability Companies Act of 19782. Novelties in the creditor protection of the FLLCA is that asset distribution is tied to maintai...
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Format: | Article |
Language: | English |
Published: |
Aalborg University Open Publishing
2008-01-01
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Series: | Nordic Journal of Commercial Law |
Online Access: | https://130.225.53.24/index.php/NJCL/article/view/3028 |