The Croatian Consumer Bankruptcy Act (Zakon o stečaju potrošača; "ZSP")[1], which entered into force on 1 January 2016, for the first time introduces the legal concept of consumer bankruptcy into the legal system.
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.
Slovenia, Insolvency & Restructuring, Schoenherr, Share (finance), Bankruptcy, Shareholder, Debtor, Interest, Debt, Credit risk, Entrepreneurship, Fourth Amendment, Default (finance), Sole proprietorship