Broken Companies or Broken System? Charting the English Insolvency Valuation Framework in Search for Fairness

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Abstract

Applies a valuation technique derived from an adapted version of social justice "fairness" drawn from the work of scholars such as J. Rawls and M. Radin, to assess how value is measured in UK insolvency and bankruptcy proceedings. Explains the need to measure value fairly in such circumstances, compares the current framework with the proposed fairness-based and communitarian model, and discusses whether regulatory reform is needed.
Original languageEnglish
Pages (from-to)135-147
Number of pages13
JournalJournal of International Banking Law and Regulation
Volume35
Issue number4
Publication statusPublished - 2020

Keywords

  • insolvency
  • fairness
  • insolvency proceedings
  • jurisprudence
  • social justice
  • valuations

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