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Insolvency law, restructuring law and modern financial markets

Paterson, Sarah (2015) Insolvency law, restructuring law and modern financial markets. LSE Law Policy Briefing Series (8). The London School of Economics and Political Science, London.

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Abstract

The finance market has undergone rapid change in developed Western economies in the last decade. In much of Europe the concentrated finance market in which a small group of banks controlled the flow of finance to large and small companies has given way to a dispersed creditor economy. In both Europe and the US there has been an explosion of secured credit and the market for buying and selling debt of distressed companies has matured so that those holding the debt of a financially distressed company will, in many cases, not be the lenders who originally advanced the funds.

Item Type: Monograph (Report)
Official URL: http://www.lse.ac.uk/collections/law/
Additional Information: © 2015 The Author
Divisions: Law
Subjects: H Social Sciences > HG Finance
K Law > KD England and Wales
K Law > KD England and Wales > KDC Scotland
K Law > KZ Law of Nations
Sets: Departments > Law
Date Deposited: 20 Oct 2015 09:59
Last Modified: 06 Jul 2019 23:10
URI: http://eprints.lse.ac.uk/id/eprint/64050

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