BLR> Vol.5 No.2, June 2014

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

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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.

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Cite this paper

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.

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