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Debt as power is a timely and innovative contribution to our understanding of one of the most prescient issues of our time: the explosion of debt across the global economy and related requirement of political leaders to pursue exponential growth to meet the demands of creditors and investors. The book is distinctive in offering a historically sensitive and comprehensive analysis of debt as an interconnected and global phenomenon. Rather than focusing on the historical emergence of debt as a moral obligation, the authors argue that debt under capitalism can be conceived of as a technology of power, intimately tied up with the requirement for perpetual growth and the differential capitalization that benefits ‘the 1%’. Their account begins with the recognition that the histories of human communities and their natural environment are interconnected in complex spatial and hierarchical relations of power and to understand their development we need to not only examine the particularities of a given case, but more importantly their interconnected, interdependent and international relations. Since debt under capitalism is increasingly ubiquitous at all levels of society and economic growth is now the sole mantra of dominant political parties around the world, the authors argue that tracing the evolution and transformation of debt as a technology of power is crucial for understanding the ‘present as history’ and possible alternatives to our current trajectory.
Capitalism. --- Credit. --- Debt. --- debt --- global economy --- investors --- creditors --- capitalism --- inequality
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Seit April 2017 sind die Inhalte der "Anfechtungsnovelle" geltendes Recht für alle neuen Insolvenzverfahren! Vor allem bei den zentralen Themen "Inkongruente Deckungen", "Vorsatzanfechtung" und bei den "Bargeschäften" kamen eine Vielzahl von sicher geglaubten Erkenntnissen auf den Prüfstand. Damit stehen alle an einem Insolvenzverfahren Beteiligten nun vor ganz neuen Herausforderungen, denn Konflikte um tatsächlich oder vermeintlich gläubigerbenachteiligende Rechtshandlungen gehören zu den Brennpunkten eines jeden Insolvenzfalls. Die Neuauflage des Kummer/Schäfer/Wagner lässt den Leser mit dem neuen Recht nicht allein: Alles ist komplett eingearbeitet!Die besonderen Stärken des Werkes wurden dabei natürlich beibehalten: Der Kommentar arbeitet die Voraussetzungen, Wirkungen und Rechtsfolgen der Insolvenzanfechtung einerseits in besonders übersichtlicher Weise auf, durchdringt andererseits aber tiefgründig die Details und Besonderheiten der Materie. Über die Einarbeitung der Reform hinaus haben die Autoren auch sonst für Top-Aktualität gesorgt und alle relevanten neuen Gerichtsentscheidungen berücksichtigt. An vielen Stellen des Werkes wurden zudem Ergänzungen vorgenommen und weiterführende Überlegungen angestellt, um dem Leser auch die Lösung bislang noch nicht entschiedener Fälle zu erleichtern oder Zweifel an der Rechtsprechung der Gerichte aufzuzeigen.
Fraudulent conveyances --- Bankruptcy, Fraudulent --- Bankruptcy --- Contracts, Gratuitous --- Fraud --- Assignments for benefit of creditors --- Creditors' bills --- Debtor and creditor --- Simulation (Civil law)
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"Reinventing Bankruptcy Law explodes conventional wisdom about the history of the Companies' Creditors Arrangement Act and in its place offers the first historical account of Canada's premier corporate restructuring statute. The book adopts a novel research approach that combines legal history, socio-legal theory, ideas from political science, and doctrinal legal analysis. Meticulously researched and multi-disciplinary, Reinventing Bankruptcy Law provides a comprehensive and concise history of CCAA law over the course of the twentieth century, framing developments within broader changes in Canadian institutions including federalism, judicial review, and statutory interpretation. Examining the influence of private parties and commercial practices on lawmaking, Virginia Torrie argues that CCAA law was shaped by the commercial needs of powerful creditors to restructure corporate borrowers, providing a compelling thesis about the dynamics of legal change in the context of corporate restructuring. Torrie exposes the errors in recent case law to devastating effect and argues that courts and the legislature have switched roles. This book is essential reading for the Canadian insolvency community as well as those interested in Canadian institutions, legal history, and the dynamics of change."--
Bankruptcy --- History. --- Canada. --- Companies' Creditors Arrangement Act (Canada) --- CCAA. --- bankruptcy and insolvency. --- bankruptcy. --- companies’ creditors arrangement act. --- corporate insolvency. --- corporate law. --- corporate restructuring. --- history of bankruptcy in Canada. --- insolvency. --- recursivity of law.
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Debtor and creditor --- Creditor --- Commercial law --- Contracts --- Obligations (Law) --- Credit --- Creditors' bills --- Fraudulent conveyances --- Liens --- Payment --- Security (Law) --- Law and legislation --- E-books
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Objeto de esta investigación que engloba Derecho romano, Ciencia jurídica alemana del siglo XIX, y Derecho civil actual, es el denominado “legatum debiti”. Disposición testamentaria en virtud de la cual el “de cuius” atribuye a su acreedor una cosa o cantidad en consideración de una deuda que con él tenía. Este trabajo pone de manifiesto que la construcción dogmática del "legatum debiti" tiene su fundamento en el Derecho romano; si bien no en las fuentes clásicas y justinianeas, sino en la elaboración que de éstas hizo la doctrina pandectística. Las razones que justificarían el recurso a esta figura jurídica por parte del testador: fines lícitos (introducir algún cambio en la relación obligatoria que se traducía en una ventaja para el acreedor; purificación de la obligación que se debía a condición o término; sustitución de la acción honoraria por acción civil; renuncia implícita a una excepción, o exigibilidad inmediata o en lugar más conveniente para el acreedor). Fines ilícitos (favorecer a través del testamento a alguien que, de otro modo, no habría podido heredar-vulneración leyes caducarías y Falcidia-). Se analizan, asimismo, los tratados de Pandectas, tanto de autores pertenecientes a la primera generación de alumnos de Savigny, como de otros pertenecientes a la ciencia jurídica alemana de la segunda mitad del siglo XIX. Se concluye aludiendo a la inexistencia en el BGB de alusión alguna al "legado de deuda" pese a su influencia pandectística.
Claims against decedents' estates (Roman law). --- Legacies (Roman law). --- Law --- Roman law --- Philosophy. --- Reception. --- Creditors --- Wills and legacies --- Acreedores --- Inheritance --- Testamento y legados --- Sucesiones
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Schemes of arrangement are an important and flexible mechanism, which can be used to reorganise a company's capital. They have undergone something of a renaissance since the global financial crisis, particularly as a debt restructuring device, since effective tools were needed to deal with financial distress. Schemes have also become the mechanism of choice for recommended takeovers. In order to understand their current popularity, this book examines the use of both member and creditor schemes, and compares their advantages and disadvantages to the alternatives that are available. It performs a critical, contextual and comparative analysis of schemes and their uses, and puts forward reform proposals that are designed to ensure that schemes continue to develop as an indispensable tool for companies for the future.
Assignments for benefit of creditors --- Debtor and creditor --- Corporate reorganizations --- Bankruptcy --- Corporations --- Reorganization of corporations --- Industrial management --- Consolidation and merger of corporations --- Assignments (Law) --- Composition (Law) --- Trusts and trustees --- Fraudulent conveyances --- Reorganization --- Law and legislation
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This work guides the reader through every stage of debt recovery, from deciding to take action to serving a claim and the trial itself. It deals comprehensively with enforcing judgement and features sections on bankruptcy, winding up receivership and administration.
Collecting of accounts - Great Britain. --- Debtor and creditor. --- Law - Non-U.S. --- Law, Politics & Government --- Law - Great Britain --- Debt relief. --- Debt relief --- Debt renegotiation --- Debt rescheduling --- Debt restructuring --- Relief, Debt --- Renegotiation, Debt --- Rescheduling, Debt --- Restructuring, Debt --- Creditor --- Debtor and creditor --- Law and legislation --- Commercial law --- Contracts --- Obligations (Law) --- Credit --- Creditors' bills --- Fraudulent conveyances --- Liens --- Payment --- Security (Law)
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How does cooperation emerge in a condition of international anarchy? Michael Tomz sheds new light on this fundamental question through a study of international debt across three centuries. Tomz develops a reputational theory of cooperation between sovereign governments and foreign investors. He explains how governments acquire reputations in the eyes of investors, and argues that concerns about reputation sustain international lending and repayment. Tomz's theory generates novel predictions about the dynamics of cooperation: how investors treat first-time borrowers, how access to credit evolves as debtors become more seasoned, and how countries ascend and descend the reputational ladder by acting contrary to investors' expectations. Tomz systematically tests his theory and the leading alternatives across three centuries of financial history. His remarkable data, gathered from archives in nine countries, cover all sovereign borrowers. He deftly combines statistical methods, case studies, and content analysis to scrutinize theories from as many angles as possible. Tomz finds strong support for his reputational theory while challenging prevailing views about sovereign debt. His pathbreaking study shows that, across the centuries, reputations have guided lending and repayment in consistent ways. Moreover, Tomz uncovers surprisingly little evidence of punitive enforcement strategies. Creditors have not compelled borrowers to repay by threatening military retaliation, imposing trade sanctions, or colluding to deprive defaulters of future loans. He concludes by highlighting the implications of his reputational logic for areas beyond sovereign debt, further advancing our understanding of the puzzle of cooperation under anarchy.
Debts, External --- Debtor and creditor --- Creditor --- Commercial law --- Contracts --- Obligations (Law) --- Credit --- Creditors' bills --- Fraudulent conveyances --- Liens --- Payment --- Security (Law) --- Debts, Foreign --- Debts, International --- External debts --- Foreign debts --- International debts --- Debt --- International finance --- Investments, Foreign --- History. --- Law and legislation --- History --- E-books
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The goal of this collection is to explore debt neither as a problem nor a solution but as a phenomenon and to promote the exchange of knowledge to better comprehend why consumers and businesses decide to borrow money. It asks what happens to businesses and consumers under a heavy debt load, and what legal norms and institutions societies need to encourage the efficient use of debt while promoting a greater understanding of the global phenomenon of increased indebtedness and societal dependence.
Debtor and creditor --- Bankruptcy --- Debt --- Law - Non-U.S. --- Law, Politics & Government --- Law - Great Britain --- Social aspects --- Indebtedness --- Cessio bonorum --- Insolvency --- Privileged debts --- Creditor --- Law and legislation --- Finance --- Business failures --- Commercial law --- Contracts --- Obligations (Law) --- Credit --- Creditors' bills --- Fraudulent conveyances --- Liens --- Payment --- Security (Law)
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Ruin and Redemption is the first full-length study of the origins of Canadian bankruptcy law, making it an important contribution to the study of Canada's commercial law.
Bankruptcy --- Debtor and creditor --- History. --- Creditor --- Cessio bonorum --- Insolvency --- Privileged debts --- Law and legislation --- Commercial law --- Contracts --- Obligations (Law) --- Credit --- Creditors' bills --- Fraudulent conveyances --- Liens --- Payment --- Security (Law) --- Business failures --- Debt --- E-books --- Canada. --- Canada (Province) --- Canadae --- Ceanada --- Chanada --- Chanadey --- Dominio del Canadá --- Dominion of Canada --- Jianada --- Kʻaenada --- Kaineḍā --- Kanada --- Ḳanadah --- Kanadaja --- Kanadas --- Ḳanade --- Kanado --- Kanakā --- Province of Canada --- Republica de Canadá --- Yn Chanadey
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