Mid-Crisis Restructuring Law Reform in the United Kingdom

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Main Author: Zwieten, Kristin van
Format: Book
Language:English
Published: Springer 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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spelling 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
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic Mid-Crisis Restructuring Law
spellingShingle Mid-Crisis Restructuring Law
Zwieten, Kristin van
Mid-Crisis Restructuring Law Reform in the United Kingdom
description 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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