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Pregled bibliografske jedinice broj: 1129016

Insolvency Set Off – What the EU Can Learn from the US


Šimunović, Lidija
Insolvency Set Off – What the EU Can Learn from the US // Second International Comparative Insolvency Symposium
Miami, SAD, 2019. (predavanje, međunarodna recenzija, pp prezentacija, znanstveni)


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Naslov
Insolvency Set Off – What the EU Can Learn from the US

Autori
Šimunović, Lidija

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, pp prezentacija, znanstveni

Skup
Second International Comparative Insolvency Symposium

Mjesto i datum
Miami, SAD, 14.-15.11.2019

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Bankruptcy set-off ; Insolvency set-off ; Recast regulation

Sažetak
Set-off against insolvent party, as a discharge of reciprocal obligations in insolvency proceedings, is well grounded in both EU and USA legal systems. Although the concept of set- off against insolvent party in the EU has some similarities with insolvency set-off in the USA, still it has been differently treated. As Professor Wood said: „Set-off is the acid test: there is not enough to go round and so the law has to decide the winner and the loser.“ (Wood, 2007). E.g. in most EU countries, set-off is prohibited against insolvent party in order to augmenting the debtor´s estate. On the other hand, in the USA set-off is compulsory within insolvency law in order to favoring payment on creditors. Therefore, the main aim of this paper is to give a comparative analysis on set- off within insolvency in EU and USA laws. Author identifies various legal uncertainties in both legal systems on set-off within insolvency law and examines whether it is necessary to relax EU or USA rules on set-off in insolvency and how to overcome detected legal issues.

Izvorni jezik
Engleski



POVEZANOST RADA


Profili:

Avatar Url Lidija Šimunović (autor)

Citiraj ovu publikaciju

Šimunović, Lidija
Insolvency Set Off – What the EU Can Learn from the US // Second International Comparative Insolvency Symposium
Miami, SAD, 2019. (predavanje, međunarodna recenzija, pp prezentacija, znanstveni)
Šimunović, L. (2019) Insolvency Set Off – What the EU Can Learn from the US. U: Second International Comparative Insolvency Symposium.
@article{article, author = {\v{S}imunovi\'{c}, L.}, year = {2019}, keywords = {Bankruptcy set-off, Insolvency set-off, Recast regulation}, title = {Insolvency Set Off – What the EU Can Learn from the US}, keyword = {Bankruptcy set-off, Insolvency set-off, Recast regulation}, publisherplace = {Miami, SAD} }
@article{article, author = {\v{S}imunovi\'{c}, L.}, year = {2019}, keywords = {Bankruptcy set-off, Insolvency set-off, Recast regulation}, title = {Insolvency Set Off – What the EU Can Learn from the US}, keyword = {Bankruptcy set-off, Insolvency set-off, Recast regulation}, publisherplace = {Miami, SAD} }




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