Since 2014
Safeguarding Creditors in the Course of Simplified Reduction of Subscribed Capital
Journal of Contemporary Issues in Economics and Business
View Archive Info| Field | Value | |
| Title |
Safeguarding Creditors in the Course of Simplified Reduction of Subscribed Capital
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| Creator |
Drnovšek, Gregor
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| Subject |
Economy
simplified subscribed capital reduction; safeguarding of creditors; capital inadequacy; payment ban; tied assets |
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| Description |
The central characteristics of simplified subscribed capital reduction are its verynarrow purpose, and a weakened regime of safeguarding of creditors. The mainand, frankly, only purpose of the institution is recovery. It is namely most difficultto expect from a distressed company undergoing simplified subscribed capitalreduction, which is first and foremost intended for recovery, to safeguard itscreditors in the same extent as in the case of ordinary reduction of subscribedcapital. The article provides an analysis of the intent and purpose of simplifiedsubscribed capital reduction and the regulations governing the safeguarding ofcreditors. Using a descriptive method, subject matter analysis, and comparativelegal analysis of the issue, the article elaborates on why regulations governingthe safeguarding of creditors are too weak with regard to the effects broughtforth by this type of subscribed capital reduction and proposes appropriatesupplementation and amendments to applicable legislation.
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| Publisher |
Faculty of Economics and Business
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| Contributor |
—
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| Date |
2015-06-15
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://ng-epf.si/index.php/ngoe/article/view/58
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| Source |
Naše gospodarstvo/Our economy; Vol 61, No 3 (2015); 32-40
2385-8052 0547-3101 |
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| Language |
eng
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| Relation |
http://ng-epf.si/index.php/ngoe/article/view/58/55
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| Rights |
Copyright (c) 2015 Naše gospodarstvo/Our economy
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