Assurance of the Effectiveness of Corporate Insolvency Proceedings

Egidija  Tamošiūnienė; Vigintas  Višinskis; Mykolas  Kirkutis; Remigijus  Jokubauskas

doi:10.15388/Teise.2020.116.2

Teisė (Oct 2020)

Assurance of the Effectiveness of Corporate Insolvency Proceedings

Egidija Tamošiūnienė,
Vigintas Višinskis,
Mykolas Kirkutis,
Remigijus Jokubauskas

Affiliations

Egidija Tamošiūnienė: Vilnius University, Lithuania
Vigintas Višinskis: Mykolas Romeris University, Lithuania
Mykolas Kirkutis: Mykolas Romeris University, Lithuania
Remigijus Jokubauskas: Mykolas Romeris University, Lithuania

DOI: https://doi.org/10.15388/Teise.2020.116.2
Journal volume & issue: Vol. 116

Abstract

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This article examines some practical problems of the application of the Law on the Insolvency of Enterprises of the Republic of Lithuania related to the effectiveness of insolvency proceedings. Though the new insolvency law seeks to ensure effective insolvency process, the analysis of certain provisions reveals certain problems of this act, which could significantly impact the effectiveness of this process.

Published in Teisė

ISSN: 1392-1274 (Print); 2424-6050 (Online)
Publisher: Vilnius University Press
Country of publisher: Lithuania
LCC subjects: Law
Website: http://www.journals.vu.lt/teise

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