✦ LIBER ✦

Disclaiming onerous property in insolvency: A comparative study

✍ Scribed by Paul J. Omar

Publisher: John Wiley and Sons
Year: 2010
Tongue: English
Weight: 229 KB
Volume: 19
Category: Article
ISSN: 1180-0518
DOI: 10.1002/iir.180

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

Insolvency practitioners in charge of certain insolvency procedures have a facility open to them to disclaim property deemed to be onerous and whose retention as part of the debtor's estate may affect the mass of creditors. This article takes a comparative survey of a number of jurisdictions in the common‐law and civil‐law worlds. Its purpose is to assess whether work carried out at international level seeking to benchmark insolvency procedures generally should be revised to take into account enviornmental concerns in relation to such disclaimed property. Copyright © 2010 John Wiley & Sons, Ltd.

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