Global Trends in the Treatment of Local Public Entities in Distress: A Principled Approach

Laura Coordes, Yseult Marique, Eugenio Vaccari

Research output: Contribution to journalArticlepeer-review


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 insolvency law systems treat local public entities in distress. The main purpose of this study is to provide recommendations for a harmonised and principled treatment of these entities. The key priority of the recommendations proposed in the study is to ensure the continuity of essential public services without necessarily deviating from the established insolvency principles of collectivity and equality of treatment among creditors.
Original languageEnglish
Pages (from-to)93-121
Number of pages29
JournalInternational Insolvency Review
Issue number1
Early online date13 Apr 2023
Publication statusPublished - 19 Apr 2023


  • local public entities
  • continuity of public services
  • vulnerable stakeholders
  • political interference

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