Buch, Englisch, Band Band 72, 463 Seiten, Kartoniert, Format (B × H): 145 mm x 215 mm, Gewicht: 604 g
Reihe: Berliner Juristische Universitätsschriften: Zivilrecht
A Comparative Analysis of Company and Insolvency Law Mechanisms in England, Germany and Turkey
Buch, Englisch, Band Band 72, 463 Seiten, Kartoniert, Format (B × H): 145 mm x 215 mm, Gewicht: 604 g
Reihe: Berliner Juristische Universitätsschriften: Zivilrecht
ISBN: 978-3-8305-3421-1
Verlag: Berliner Wissenschafts-Verlag
Private equity-backed leveraged buyout (LBO) and leveraged recapitalisation practices have been on the rise since the early 1970s when the LBO model was first invented. They continue to play a major role for investors for their less transparent and less bureaucratic investment models outside of capital markets, where financial regulations become tighter following the financial crisis of 2008 affecting global capital markets in a chain reaction. Private equity-backed LBOs and leveraged recapitalisations continue to be popular investment models, however they carry risks both at the target company level and on a macroeconomic level due to the interconnectedness of these investments with global capital markets for funding and refinancing of acquisition finance debts. Creditor protection mechanisms of company and insolvency law therefore play a central role in preventing or dealing with failures that may be triggered°°at the target company level and have detrimental effects for all creditors and the economy. Though the European legal capital system must be critically revisited, England‘s and Germany‘s already mature markets and legal systems should help in developing a better interpretation of these rules in developing economies like Turkey, consequently establishing a solid base for this investment practice in these economies.°°
Autoren/Hrsg.
Fachgebiete
- Rechtswissenschaften Allgemeines Verfahrens-, Zivilprozess- und Insolvenzrecht Insolvenzrecht, Konkurs, Unternehmenssanierung
- Rechtswissenschaften Ausländisches Recht Asien (inkl. Türkei und Naher Osten)
- Rechtswissenschaften Recht, Rechtswissenschaft Allgemein Rechtsvergleichung
- Rechtswissenschaften Wirtschaftsrecht Handels- und Gesellschaftsrecht Allgemeines Unternehmensrecht, Unternehmenskauf und -bewertung, M & A
- Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)
