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Wessels, Bob --- "Insolvency law*" [2012] ELECD 995; in Smits, M. Jan (ed), "Elgar Encyclopedia of Comparative Law, Second Edition" (Edward Elgar Publishing, 2012) 383

Book Title: Elgar Encyclopedia of Comparative Law, Second Edition

Editor(s): Smits, M. Jan

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781849804158

Section: Chapter 33

Section Title: Insolvency law*

Author(s): Wessels, Bob

Number of pages: 25

Abstract/Description:

The domain of insolvency law is concerned with the prevention, regulation and administering of the discontinuity in legal relationships of a person (legal person or natural person) which finds itself in financial problems. The inability to fulfil payment obligations and the legal consequences that go with this form the core content of most countries’ existing national insolvency legislation. It is widely known that individual countries’ national legal systems with regard to insolvency differ quite extensively.


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