04468nam 2200913Ia 450 991081849280332120200520144314.01-107-20150-01-282-10389-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)99100000000074715820081208d2009 uy 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierCreditor protection in private companies Anglo-German perspectives for a European legal discourse /Thomas Bachner1st ed.Cambridge, UK ;New York Cambridge University Press20091 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 Thomas1615972MiAaPQMiAaPQMiAaPQBOOK9910818492803321Creditor protection in private companies3946450UNINA