How Long to Read The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment

How Long Does it Take to Read The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment?

It takes the average reader and 34 minutes to read The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment by Nazim Belhocine

Assuming a reading speed of 250 words per minute. Learn more

Description

The modernization of Italy’s insolvency framework has been the subject of much interest in recent years, related not least to its role in potentially facilitating an efficient allocation of resources. A unique feature of Italy’s insolvency framework is a special regime for large enterprises known as “extraordinary administration”. This paper evaluates the merits of this special regime by assessing its efficacy and success in achieving its stated goals and comparing its features to international standards and best practices. It finds that the special regime tends to impose large costs on creditors and the state. The regime results, in most cases, in the sale of parts of the group, followed by a liquidation phase of the remaining assets which can take longer than the general regime, hindering legal certainty for creditors and more generally economic efficiency, investment and job creation. Based on international best practices and experience, consideration should be given to folding the special regime into the general insolvency regime, possibly with provisions to allow for state intervention in specific well-defined circumstances.

How long is The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment?

The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment by Nazim Belhocine is 34 pages long, and a total of 8,636 words.

This makes it 11% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment aloud.

What Reading Level is The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment?

The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment?

The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment by Nazim Belhocine is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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