Insolvency legislation faces its first real test

The economic crisis presents a real-life test for the Slovenian insolvency legislation, unequalled in its young history. Numerous insolvency proceedings against Slovene companies have revealed several serious flaws of the Insolvency Act and forced the legislator into continuous amendments.

Filed under:
Slovenia, Insolvency & Restructuring, Schoenherr, Share (finance), Bankruptcy, Shareholder, Debtor, Interest, Debt, Credit risk, Entrepreneurship, Fourth Amendment, Default (finance), Sole proprietorship
Authors:
Jernej Jeraj , Matthias Wahl
Location:
Slovenia
Firm:
Schoenherr