Ranking of Creditors in Insolvency: An Empirical Debate on Optimal Harmonization Practices

Eugenio Vaccari

Ranking of Creditors in Insolvency: An Empirical Debate on Optimal Harmonization Practices

Eugenio Vaccari

Department of Law and Criminology

Research output: Contribution to journal › Article › peer-review

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Abstract

This paper reports the empirical evidence (both qualitative and quantitative) gathered by the author on the Italian legal treatment of (specific) small entrepreneurs as claimants. This evidence, alongside the additional considerations impacting the Italian insolvency legal system and community, are used to discuss the possible alternatives that the EU legislator may adopt in pursuing substantive harmonization in this area of law. The paper concludes with the author’s view on the optimal approach to substantive harmonization, at least under the current circumstances.

Original language	English
Pages (from-to)	9-40
Number of pages	32
Journal	Nottingham Insolvency and Business Law eJournal
Volume	4
Issue number	2
Publication status	Published - 2016

Keywords

ranking of creditors
insolvency
pari passu rule
artisans
MSMEs

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Cite this

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KW - pari passu rule

KW - artisans

KW - MSMEs

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