LEADER 03370nam 22005055 450 001 9910254785403321 005 20180829121113.0 010 $a1-137-51575-9 024 7 $a10.1057/9781137515759 035 $a(CKB)3710000000653578 035 $a(DE-He213)978-1-137-51575-9 035 $a(MiAaPQ)EBC4720271 035 $a(EXLCZ)993710000000653578 100 $a20160223d2016 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aGlobal Insolvency and Bankruptcy Practice for Sustainable Economic Development $eVol 1, General Principles and Approaches in the UAE /$fedited by Tarek M. Hajjiri, Adrian Cohen 210 1$aLondon :$cPalgrave Macmillan UK :$cImprint: Palgrave Macmillan,$d2016. 215 $a1 online resource (XII, 274 p.) 300 $aIncludes index. 311 $a1-137-51574-0 311 $a1-349-56193-2 330 $aHow an economy handles financial and business distress has a major impact on confidence in business, the availability of investment, the cost of credit, and economic growth. The financial crisis of 2007-2008 and its aftermath was a catalyst to legal reform in the field of bankruptcy and restructuring law and brought an added focus to the systemic threat of bank failure to the financial system. This book explores the general principles and practice of legal reform within bankruptcy. From a variety of specialists including practitioners, lawyers, bankers, accountants and judges from the United Arab Emirates, the UK and Singapore, it provides a variety of perspectives on the topic. Chapters include topics such as the 'Four Pillars of Regulatory Framework', the history and application of the UNCITRAL Model Law on Cross-Border Insolvency, the challenges for financial institutions and the treatment of the insolvency of natural persons. The book also offers a comparative study of Islamic Shari'ah principles with modern bankruptcy regimes, an analysis of bankruptcy in the UAE and an evaluation of the legal infrastructure of the DIFC Courts. The authors explore core questions surrounding bankruptcy law, including its ability to facilitate the turnaround of business, to enable efficient reallocation of capital, to provide coherent rules for entrepreneurs, investors, employees, and creditors, and to provide for both appropriate sanctions and for rehabilitation. ? 606 $aAccounting 606 $aCommercial law 606 $aEconomics 606 $aFinancial Accounting$3http://scigraph.springernature.com/things/product-market-codes/612010 606 $aCommercial Law$3http://scigraph.springernature.com/things/product-market-codes/R12026 606 $aEconomics, general$3http://scigraph.springernature.com/things/product-market-codes/W00000 615 0$aAccounting. 615 0$aCommercial law. 615 0$aEconomics. 615 14$aFinancial Accounting. 615 24$aCommercial Law. 615 24$aEconomics, general. 676 $a500 702 $aHajjiri$b Tarek M$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aCohen$b Adrian$4edt$4http://id.loc.gov/vocabulary/relators/edt 906 $aBOOK 912 $a9910254785403321 996 $aGlobal Insolvency and Bankruptcy Practice for Sustainable Economic Development$91998312 997 $aUNINA