PROJECT OVERVIEW
The Research Network on Public Authorities and Financial Distress (RPAFD) is a multi-disciplinary, multi-sectorial network of more than 60 academics and practitioners, lawyers, economists, accountants and experts from other disciplines based all over the world with a common interest on local authorities in financial distress. RPAFD promotes the development of comparative and iterative research based on concrete case studies. Its goal is to suggest policy recommendations to alleviate the consequences of financial distress for local communities. Generally accepted and/or acceptable principles will inform these policy recommendations and will provide guidance to govern the treatment of local authorities experiencing some form of financial pressure and/or distress.
While the first stages of the project tackle the economic and legal implications arising from a local authority becoming financially distressed, the overall aim of this network is to develop principled recommendations that account for the political and societal implications of the financial distress of a local authority on local, regional and national stakeholders.
Expressions of interest to join RPAFD should be sent to Dr Eugenio Vaccari at eugenio.vaccari@royalholloway.ac.uk together with a CV and an explanation of your motivation.
FOUNDERS AND SUPPORT
Prof. Laura N Coordes
(Professor of Law, Arizona State University)
Prof. Emanuele Padovani
(Professor of Management, University of Bologna)
Dr. André Lino
(Lecturer in Accounting, University of Essex)
Prof. Geo Quinot
(Professor of Law, Stellenbosch University)
Prof. Yseult Marique
(Professor of Law, University of Essex)
Dr. Eugenio Vaccari
(Senior Lecturer in Law, Royal Holloway, University of London)
The full list of team members / contributors to this project can be found [here].
The full list of advisory board members and independent consultants can be found [here].
The project is not currently funded by any external organisations. However, the principal investigators are working closely with established international organisations in the field (e.g. the American Bankruptcy Institute, INSOL International and the European Bank for Reconstruction and Development) for the organisation of joint events and webinars on the topics covered by this network. Additionally, some of these organisations will provide expert support in commen- ting on the draft versions of the executive statements and final reports published by the network.