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Analiza Critică A Metodelor Specifice Pentru A Proteja Activele Companiei În Procedura De Insolvență

Author

Listed:
  • Tudor A. RĂDULESCU

    (Faculty of Economics and Business Administration „ Al. I. Cuza” University, Iaşi,Romania)

Abstract

This article aims to identify and describe some of the advantages that a debtor would have during insolvency proceedings. Thus we argue that firms in default entered in insolvency can enjoy certain facilities which may finally transform in a successful plan of reorganization. The three heritage protection mechanisms considered are: (i) suspension of all judicial and extrajudicial actions in order to establish a claim against the debtor or its assets, (ii) prohibit vital service providers (electricity, gas, water, telephone etc.) the suspension of services to captive consumer debtor, (iii) immediately cease any enhancement calculation of amounts due.

Suggested Citation

  • Tudor A. RĂDULESCU, 2013. "Analiza Critică A Metodelor Specifice Pentru A Proteja Activele Companiei În Procedura De Insolvență," Management Intercultural, Romanian Foundation for Business Intelligence, Editorial Department, issue 27, pages 70-77, February.
    • Handle: RePEc:cmj:interc:y:2013:i:27:p:70-77
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    More about this item

    Keywords

    Insolvency; Reorganization; Insolvency proceedings;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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