When Liquidation is Not an Option – Local Public Entities in Distress

Project: Research

Project Details


This research project analyses the impact of the financial distress of local public entities (LPEs). LPEs are not limited to local authorities but include any entities providing essential public services. This project may also make reference to state-owned enterprises (SOEs) to the extent that the discipline of their contracts is strictly linked to or affected by the rules applicable to LPEs in distress.
Effective start/end date1/10/1931/07/22

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 10 - Reduced Inequalities


  • local public entities
  • insolvency