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Judicial reorganization – solution for crisis periods

Author

Listed:
  • Marina UHER

    (West University of Timisoara)

  • Cristina Mihaela NAGY

    ("Tibiscus" University of Timisoara)

Abstract

Currently in the Romanian economic landscape the insolvency phenomenon began to be increasingly better known to the business community first through the impact on business partners from different areas of the industry, and then through the personal experience. For creditors supporting a reorganization plan with real prospects of recovery and covering claims proves to be advantageous especially in current market conditions.

Suggested Citation

  • Marina UHER & Cristina Mihaela NAGY, 2012. "Judicial reorganization – solution for crisis periods," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 420-424, May.
    • Handle: RePEc:tdt:annals:v:xviii:y:2012:p:420-424
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    File URL: http://fse.tibiscus.ro/anale/Lucrari2012/kssue2012_064.pdf
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    More about this item

    Keywords

    Insolvency; Recovery; Judicial reorganization; reorganization plan;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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