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This ‘bad’ bank, an asset reconstruction company, will work in tandem with a debt resolution firm. It will be partially backed by government guarantees.
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DOI: 10.1108/OXAN-DB264625
ISSN: 2633-304X
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Chinese law at the national level does not include provisions for personal bankruptcy. This prevents resolution of many insolvent companies that involve liabilities from heavily…
However, the sector is held back by inefficiency in resolving financial distress, which prevents effective restructuring, closure and, more broadly, access to bank finance…
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DOI: 10.1108/OXAN-DB261805
ISSN: 2633-304X
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Banking union outlook.
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DOI: 10.1108/OXAN-DB208023
ISSN: 2633-304X
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The deal also appears to have satisfied official creditors, which had blocked an earlier deal on the basis that it granted bondholders more favourable terms than official…
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DOI: 10.1108/OXAN-DB286478
ISSN: 2633-304X
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Implementation of India's new Insolvency and Bankruptcy Code.
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DOI: 10.1108/OXAN-DB224578
ISSN: 2633-304X
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Modest progress is underway in rebalancing towards more consumption and less reliance on exports and investment. GDP growth is on target, helped by buoyant housing and automobile…
Italian banks and Atlante fund.
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DOI: 10.1108/OXAN-DB211076
ISSN: 2633-304X
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This largely formalises the administrative status quo since the October 25 coup, but it also underscores that a resolution to the political impasse between the coup leaders and…
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DOI: 10.1108/OXAN-DB266802
ISSN: 2633-304X
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Prospects for Russia in the fourth quarter.