| Budget Amount *help |
¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2011: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2010: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2009: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
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| Research Abstract |
Creditors can have security over all of debtors' property. What is the aim of Insolvency proceedings which save the general creditors equally, if it is popular? I studied the UK insolvency law from the point of view of corporate rescue and priority of claim. As a result, UK law introduced the ring fence for general creditors and reformed the administrative receivership from for secured creditors to both of secured creditors and general creditors. I found that the objective of the law reform was corporate rescue.
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