by rpafdaccess | Sep 26, 2024 | Financial distress, Harmonisation, Insolvency, Local authorities, Local public entities, Model law, News, Uncitral
Author: Laura N COORDES, Yseult MARIQUE, Eugenio VACCARI This article provides a rationale for a potential model law for the treatment of distressed local public entities (LPEs). Building upon our previous work, a first-of-its-kind global study of the treatment of...
by rpafdaccess | Sep 26, 2024 | Continuity of public services, Local public entities, Political interference, Vulnerable stakeholders
Author: Laura N COORDES, Yseult MARIQUE, Eugenio VACCARI This article presents the findings of a global study on the treatment of local public entities in distress conducted in 20 jurisdictions across the world. It sets out to detail and analyse how different national...
by rpafdaccess | Sep 26, 2024 | Bankruptcy, Comparative analysis, Esg, Insolvency, Municipal bankruptcy, Municipal financial distress, Public entities
Author: Eugenio VACCARI, Laura N COORDES, Yseult MARIQUE, Geo QUINOT The treatment of local public entities or municipalities in distress is a largely under-explored area of law. The rules regulating these processes are often unaffected by the influence of legal...
by rpafdaccess | Sep 26, 2024 | Disclaimers, Environmental claims, Insolvency, News, Polluter pays principle
Author: Eugenio VACCARI, David EHMKE The paper discusses the treatment of environmental liabilities in insolvency and restructuring frameworks. It compares the German and British approaches – and particularly the rules on disclaimers of environmental liabilities –...
by rpafdaccess | Sep 9, 2024 | China, Financial distress, Insolvency, Local government, News, Public-private partnerships, UN sustainable development goals
Author: Shuai GUO, Rebecca PARRY, Eugenio VACCARI Local governments have played a pivotal role in China’s rapid economic growth, yet they have simultaneously faced unique financial pressures. The demands on local governments have increased significantly due to...
