04435nam 22008892 450 991078283460332120151005020623.01-107-20150-01-282-10389-X97866121038960-511-51745-90-511-57655-20-511-51547-20-511-51794-70-511-51440-90-511-51675-4(CKB)1000000000747158(EBL)432015(OCoLC)609833038(SSID)ssj0000132235(PQKBManifestationID)11937084(PQKBTitleCode)TC0000132235(PQKBWorkID)10029025(PQKB)10106052(UkCbUP)CR9780511576553(MiAaPQ)EBC432015(MiAaPQ)EBC4949795(Au-PeEL)EBL432015(CaPaEBR)ebr10297138(Au-PeEL)EBL4949795(CaONFJC)MIL210389(OCoLC)1024269380(EXLCZ)99100000000074715820090522d2009|||| uy| 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierCreditor protection in private companies Anglo-German perspectives for a European legal discourse /Thomas Bachner[electronic resource]Cambridge :Cambridge University Press,2009.1 online resource (xxxvi, 315 pages) digital, PDF file(s)International corporate law and financial market regulationTitle from publisher's bibliographic system (viewed on 05 Oct 2015).0-521-89538-3 Includes bibliographical references (p. 283-304) and index.Introduction -- Avoidance of acts that are detrimental to creditors -- Capital maintenance and unlawful distributions -- Directors' liability for contraventions of capital maintenance rules -- Directors' liability for conduct in the vicinity of insolvency.Limited liability companies form the backbone of our modern economy. However, there is a persistent danger of moral hazard on the part of directors and shareholders, particularly in closely held or private companies. Like all developed legal systems, English and German law both provide mechanisms designed to protect creditors from such risks. This book investigates some of these mechanisms, including the avoidance of pre-insolvency acts, capital maintenance and creditor-regarding duties of directors. By analysing the different conceptual and doctrinal perspectives inherent in the English and German systems, this book seeks to advance a discourse between audiences with different legal backgrounds. It will be an invaluable guide for those wishing to understand how the protective mechanisms operate and interact with each other, and how they do so in quite different ways in the two jurisdictions.International corporate law and financial market regulation.Private companiesGermanyFinanceCorporationsFinanceLaw and legislationGermanyDebtor and creditorGermanyCorporation reservesLaw and legislationGermanyDirectors of corporationsLegal status, laws, etcGermanyPrivate companiesGreat BritainFinanceCorporationsFinanceLaw and legislationGreat BritainDebtor and creditorGreat BritainCorporation reservesLaw and legislationGreat BritainDirectors of corporationsLegal status, laws, etcGreat BritainPrivate companiesFinance.CorporationsFinanceLaw and legislationDebtor and creditorCorporation reservesLaw and legislationDirectors of corporationsLegal status, laws, etc.Private companiesFinance.CorporationsFinanceLaw and legislationDebtor and creditorCorporation reservesLaw and legislationDirectors of corporationsLegal status, laws, etc.346.077Bachner Thomas1573698UkCbUPUkCbUPBOOK9910782834603321Creditor protection in private companies3849552UNINA