Bankruptcy from a procedural perspective
Abstract: Bankruptcy Law possesses a certain functionality, organization and structure which is not easily reconcilable with a contractualist or privatist view. The need for the coordination on the part of creditors (a central aspect of its correct functioning) demands that procedural instruments fo...
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Universidad Católica del Norte
2020
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oai:scielo:S0718-975320200001002012020-09-21Bankruptcy from a procedural perspectiveCarrasco Delgado,Nicolás Ignacio Ariel Bankruptcy law Procedural law Economic analysis of law Abstract: Bankruptcy Law possesses a certain functionality, organization and structure which is not easily reconcilable with a contractualist or privatist view. The need for the coordination on the part of creditors (a central aspect of its correct functioning) demands that procedural instruments foresake the individual consideration of the interests of creditors’ sole interests, and in doing so reinforces the need for them to act as a group (the collective action problem). In accordance with this logic, the complete adaptation of procedural law in order to understand its purposes is hereby explained. In this context, bankruptcy procedural law avails of a series of instruments which seek to achieve the efficiency goals of the bankruptcy proceedings.info:eu-repo/semantics/openAccessUniversidad Católica del NorteRevista de derecho (Coquimbo) v.27 20202020-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-97532020000100201en10.22199/issn.0718-9753-2020-0001 |
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Scielo Chile |
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Scielo Chile |
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English |
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Bankruptcy law Procedural law Economic analysis of law |
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Bankruptcy law Procedural law Economic analysis of law Carrasco Delgado,Nicolás Ignacio Ariel Bankruptcy from a procedural perspective |
description |
Abstract: Bankruptcy Law possesses a certain functionality, organization and structure which is not easily reconcilable with a contractualist or privatist view. The need for the coordination on the part of creditors (a central aspect of its correct functioning) demands that procedural instruments foresake the individual consideration of the interests of creditors’ sole interests, and in doing so reinforces the need for them to act as a group (the collective action problem). In accordance with this logic, the complete adaptation of procedural law in order to understand its purposes is hereby explained. In this context, bankruptcy procedural law avails of a series of instruments which seek to achieve the efficiency goals of the bankruptcy proceedings. |
author |
Carrasco Delgado,Nicolás Ignacio Ariel |
author_facet |
Carrasco Delgado,Nicolás Ignacio Ariel |
author_sort |
Carrasco Delgado,Nicolás Ignacio Ariel |
title |
Bankruptcy from a procedural perspective |
title_short |
Bankruptcy from a procedural perspective |
title_full |
Bankruptcy from a procedural perspective |
title_fullStr |
Bankruptcy from a procedural perspective |
title_full_unstemmed |
Bankruptcy from a procedural perspective |
title_sort |
bankruptcy from a procedural perspective |
publisher |
Universidad Católica del Norte |
publishDate |
2020 |
url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-97532020000100201 |
work_keys_str_mv |
AT carrascodelgadonicolasignacioariel bankruptcyfromaproceduralperspective |
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