Insolvency Regulations and Economic Recession: An Austro-Libertarian Point of View - Beijing Law Review

BLR > Vol.5 No.2, June 2014

Beijing Law Review

Volume 5, Issue 2 (June 2014)

ISSN Print: 2159-4627 ISSN Online: 2159-4635

Google-based Impact Factor: 0.38 Citations h5-index & Ranking

Insolvency Regulations and Economic Recession: An Austro-Libertarian Point of View ()

HTML XML

Download as PDF (Size: 859KB) PP. 149-154

DOI: 10.4236/blr.2014.52014 2,866 Downloads 3,820 Views Citations

Author(s)

Valerio Tavormina

Affiliation(s)

the Università Cattolica di Milano, Milan, Italy.

ABSTRACT

Economic recovery after a crisis requires above all capital to support the most efficient investments. It is therefore counterproductive to delay selling off the assets of insolvent debtors through lengthy insolvency proceedings instead of letting the creditors free to enforce their claims in the speediest way.

KEYWORDS

Economic Recovery, Malinvestments, Insolvency Regulations, Discharge from Debt

Share and Cite:

Tavormina, V. (2014). Insolvency Regulations and Economic Recession: An Austro-Libertarian Point of View. Beijing Law Review, 5, 149-154. doi: 10.4236/blr.2014.52014.

Cited by