What Can Restructuring Laws Do? Geopolitical Shocks, the New German Restructuring Regime, and the Limits of Restructuring Laws
CC-BY
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Định dạng: | Sách |
Ngôn ngữ: | English |
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Springer
2023
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Truy cập trực tuyến: | https://link.springer.com/article/10.1007/s40804-023-00271-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/9228 |
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oai:localhost:PNK-92282023-09-26T03:17:31Z What Can Restructuring Laws Do? Geopolitical Shocks, the New German Restructuring Regime, and the Limits of Restructuring Laws Eidenmüller, Horst Restructuring Laws CC-BY In this article, I discuss the possibilities and limitations of restructuring laws against the background of geopolitical shocks such as the Covid-19 pandemic and the current energy crisis. I make two claims, one narrow and focused on German bankruptcy law, and one broad with a cross-jurisdictional reach. My narrow claim relates to ‘StaRUG’, the new German restructuring regime. I argue that this law is a superfluous and flawed instrument. It should be repealed. My second claim is much broader. I argue that bankruptcy laws, including restructuring laws, are generally ill-suited to deal with the economic consequences of geopolitical or macroeconomic shocks as a ‘first line of defence’. Bankruptcy laws are not designed to provide the structural assistance at scale which the businesses affected by these shocks need. 2023-09-26T03:17:30Z 2023-09-26T03:17:30Z 2023 Book https://link.springer.com/article/10.1007/s40804-023-00271-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/9228 en application/pdf Springer |
institution |
Digital Phenikaa |
collection |
Digital Phenikaa |
language |
English |
topic |
Restructuring Laws |
spellingShingle |
Restructuring Laws Eidenmüller, Horst What Can Restructuring Laws Do? Geopolitical Shocks, the New German Restructuring Regime, and the Limits of Restructuring Laws |
description |
CC-BY |
format |
Book |
author |
Eidenmüller, Horst |
author_facet |
Eidenmüller, Horst |
author_sort |
Eidenmüller, Horst |
title |
What Can Restructuring Laws Do? Geopolitical Shocks, the New German Restructuring Regime, and the Limits of Restructuring Laws |
title_short |
What Can Restructuring Laws Do? Geopolitical Shocks, the New German Restructuring Regime, and the Limits of Restructuring Laws |
title_full |
What Can Restructuring Laws Do? Geopolitical Shocks, the New German Restructuring Regime, and the Limits of Restructuring Laws |
title_fullStr |
What Can Restructuring Laws Do? Geopolitical Shocks, the New German Restructuring Regime, and the Limits of Restructuring Laws |
title_full_unstemmed |
What Can Restructuring Laws Do? Geopolitical Shocks, the New German Restructuring Regime, and the Limits of Restructuring Laws |
title_sort |
what can restructuring laws do? geopolitical shocks, the new german restructuring regime, and the limits of restructuring laws |
publisher |
Springer |
publishDate |
2023 |
url |
https://link.springer.com/article/10.1007/s40804-023-00271-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/9228 |
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1779307164418965504 |
score |
8.891787 |