LEADER 04435nam 22008892 450 001 9910782834603321 005 20151005020623.0 010 $a1-107-20150-0 010 $a1-282-10389-X 010 $a9786612103896 010 $a0-511-51745-9 010 $a0-511-57655-2 010 $a0-511-51547-2 010 $a0-511-51794-7 010 $a0-511-51440-9 010 $a0-511-51675-4 035 $a(CKB)1000000000747158 035 $a(EBL)432015 035 $a(OCoLC)609833038 035 $a(SSID)ssj0000132235 035 $a(PQKBManifestationID)11937084 035 $a(PQKBTitleCode)TC0000132235 035 $a(PQKBWorkID)10029025 035 $a(PQKB)10106052 035 $a(UkCbUP)CR9780511576553 035 $a(MiAaPQ)EBC432015 035 $a(MiAaPQ)EBC4949795 035 $a(Au-PeEL)EBL432015 035 $a(CaPaEBR)ebr10297138 035 $a(Au-PeEL)EBL4949795 035 $a(CaONFJC)MIL210389 035 $a(OCoLC)1024269380 035 $a(EXLCZ)991000000000747158 100 $a20090522d2009|||| uy| 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aCreditor protection in private companies $eAnglo-German perspectives for a European legal discourse /$fThomas Bachner$b[electronic resource] 210 1$aCambridge :$cCambridge University Press,$d2009. 215 $a1 online resource (xxxvi, 315 pages) $cdigital, PDF file(s) 225 1 $aInternational corporate law and financial market regulation 300 $aTitle from publisher's bibliographic system (viewed on 05 Oct 2015). 311 $a0-521-89538-3 320 $aIncludes bibliographical references (p. 283-304) and index. 327 $aIntroduction -- 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. 330 $aLimited liability companies form the backbone of our modern economy. However, there is a persistent danger of moral hazard on the part of directors and shareholders, particularly in closely held or private companies. Like all developed legal systems, English and German law both provide mechanisms designed to protect creditors from such risks. This book investigates some of these mechanisms, including the avoidance of pre-insolvency acts, capital maintenance and creditor-regarding duties of directors. By analysing the different conceptual and doctrinal perspectives inherent in the English and German systems, this book seeks to advance a discourse between audiences with different legal backgrounds. It will be an invaluable guide for those wishing to understand how the protective mechanisms operate and interact with each other, and how they do so in quite different ways in the two jurisdictions. 410 0$aInternational corporate law and financial market regulation. 606 $aPrivate companies$zGermany$xFinance 606 $aCorporations$xFinance$xLaw and legislation$zGermany 606 $aDebtor and creditor$zGermany 606 $aCorporation reserves$xLaw and legislation$zGermany 606 $aDirectors of corporations$xLegal status, laws, etc$zGermany 606 $aPrivate companies$zGreat Britain$xFinance 606 $aCorporations$xFinance$xLaw and legislation$zGreat Britain 606 $aDebtor and creditor$zGreat Britain 606 $aCorporation reserves$xLaw and legislation$zGreat Britain 606 $aDirectors of corporations$xLegal status, laws, etc$zGreat Britain 615 0$aPrivate companies$xFinance. 615 0$aCorporations$xFinance$xLaw and legislation 615 0$aDebtor and creditor 615 0$aCorporation reserves$xLaw and legislation 615 0$aDirectors of corporations$xLegal status, laws, etc. 615 0$aPrivate companies$xFinance. 615 0$aCorporations$xFinance$xLaw and legislation 615 0$aDebtor and creditor 615 0$aCorporation reserves$xLaw and legislation 615 0$aDirectors of corporations$xLegal status, laws, etc. 676 $a346.077 700 $aBachner$b Thomas$01573698 801 0$bUkCbUP 801 1$bUkCbUP 906 $aBOOK 912 $a9910782834603321 996 $aCreditor protection in private companies$93849552 997 $aUNINA