IDEAS home Printed from https://ideas.repec.org/a/sja/journl/v8y2019i2p314-322.html
   My bibliography  Save this article

Evaluation The Assets Of The Debtor In The Insolvency Procedure

Author

Listed:
  • Nicoleta Tandareanu

    (Trainer at the National Institute of Magistracy; Former Judge at the High Court of Cassation and Justice, Romania)

Abstract

The present paperwork aims to approach some aspects related to the procedure of appointing the assessors and evaluating the assets of the debtor who is in insolvency, at the different stages of the procedure. The assessor in the insolvency proceedings is an independent assessor and must be definitive and compatible insolvency practitioner, on the list of the National Union of Insolvency Practitioners in Romania, with the right to carry out expertise in the insolvency proceedings and a member of the National Association of Romanian Assessors. The assessor must take into account the type of specific value in relation to the pursued purpose. Therefore, the valuation of the assets brought as guarantees, in order to prepare the definitive table of the debtor's claims, will have to take into account the market value, while the evaluation of goods for sale in order to obtain liquidity to cover the expenses for the procedure, including for the conservation of the wealth of the debtor, or in order to liquidate the bankruptcy liability, will have to consider their liquidation value.

Suggested Citation

  • Nicoleta Tandareanu, 2019. "Evaluation The Assets Of The Debtor In The Insolvency Procedure," Perspectives of Law and Public Administration, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 8(2), pages 314-322, December.
    • Handle: RePEc:sja:journl:v:8:y:2019:i:2:p:314-322
    as

    Download full text from publisher

    File URL: http://www.adjuris.ro/revista/articole/an8nr2/19.%20Nicoleta%20Tandareanu%20EN.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    evaluation assets; debtor in the insolvency procedure; assessor; liquidation value; market value.;
    All these keywords.

    JEL classification:

    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sja:journl:v:8:y:2019:i:2:p:314-322. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin-Silviu Sararu (email available below). General contact details of provider: https://edirc.repec.org/data/ssjarea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.