Mid-Crisis Restructuring Law Reform in the United Kingdom
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2023
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Online Access: | https://link.springer.com/article/10.1007/s40804-023-00288-0 https://dlib.phenikaa-uni.edu.vn/handle/PNK/9205 |
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oai:localhost:PNK-92052023-09-25T06:46:34Z Mid-Crisis Restructuring Law Reform in the United Kingdom Zwieten, Kristin van Mid-Crisis Restructuring Law CC-BY Economic shocks create insolvency law-making space, generating opportunities for legal reform that may be absent in good times. Policymakers may suddenly acquire a mandate to resource institutions or drive through a change in the law where in good times such reforms were likely to be foiled by interest group capture, or simply unlikely to get sufficient political traction. A crisis, then, is an opportunity for the well-prepared insolvency policymaker. Insolvency rule-making in crisis conditions is, however, plainly also risky. Making best use of the opportunity implies making more than temporary changes to the regime. But design choices made mid-crisis will almost inevitably be influenced by the features of the crisis itself, generating a risk that the result of the reform effort will be distorted law, ill-suited to the achievement of the lawmaker’s objectives in the long run. 2023-09-25T06:46:34Z 2023-09-25T06:46:34Z 2023 Book https://link.springer.com/article/10.1007/s40804-023-00288-0 https://dlib.phenikaa-uni.edu.vn/handle/PNK/9205 en application/pdf Springer |
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Mid-Crisis Restructuring Law |
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Mid-Crisis Restructuring Law Zwieten, Kristin van Mid-Crisis Restructuring Law Reform in the United Kingdom |
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CC-BY |
format |
Book |
author |
Zwieten, Kristin van |
author_facet |
Zwieten, Kristin van |
author_sort |
Zwieten, Kristin van |
title |
Mid-Crisis Restructuring Law Reform in the United Kingdom |
title_short |
Mid-Crisis Restructuring Law Reform in the United Kingdom |
title_full |
Mid-Crisis Restructuring Law Reform in the United Kingdom |
title_fullStr |
Mid-Crisis Restructuring Law Reform in the United Kingdom |
title_full_unstemmed |
Mid-Crisis Restructuring Law Reform in the United Kingdom |
title_sort |
mid-crisis restructuring law reform in the united kingdom |
publisher |
Springer |
publishDate |
2023 |
url |
https://link.springer.com/article/10.1007/s40804-023-00288-0 https://dlib.phenikaa-uni.edu.vn/handle/PNK/9205 |
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1779307163806597120 |
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