National Repository of Grey Literature 2 records found  Search took 0.00 seconds. 
The Costs of Bankruptcy
Pérez, Nicolas ; Sedláček, Miroslav (advisor) ; Střeleček, Tomáš (referee)
The Costs of Bankruptcy Abstract This work deals with the question of whether insolvency law effectively reduces the cost of bankruptcy in the context of insolvency proceedings of commercial corporations. The author first defines the economic foundations of insolvency law and emphasizes its goal as a maximalization of the creditor's wealth. The first chapter focuses on the initial context of insolvency proceedings and emphasizes an economic perspective that views insolvency proceedings as a mechanism for shifting a residual claim from shareholders to creditors at the lowest costs. The author describes the costs of using this mechanism as the costs of bankruptcy. The second chapter describes what kind of costs are associated to the civil proceedings. Subsequently the author elaborates on the relationship in between the civil proceeding costs and insolvency proceeding costs. The rest of the second chapter is dedicated to the direct and indirect costs of bankruptcy. The costs of the insolvency trustee and the costs of using external advisors are identified as the most important direct bankruptcy costs. The third chapter Describes the position of the insolvency trustee and his role in insolvency proceedings, including the method of its remuneration. The Author analyzes whether the set calculation of the...
Trends of PM2.5 and Chemical Composition in at a Regional Backround Site in the Western Mediteranean over the Past Nine Years
Cusack, Michael ; Alastuey, A. ; Perez, N. ; Pey, J. ; Querol, X.
The findings in this article provide good evidence that the implementation of Pollution abatement strategies in Europr is having a direct effect on the level of PM2.5 and its various components. It is also hypothesised that the current economic climate, in reccesion since mid 2008 in Spain and many counties in Europe, is also affecting atmospheric pollutants through a reduction in activities associated with a healthy economy. A reduction in PM2.5 concentrations has been observed in Spain and across Europe, in most cases, this reduction has been gradual and consistent over time, implying the success of cleaner anthropogenic activities. Additional to this progressive trend, in some cases and especially for RB stations in the IP and Ispra in nothern Italy, a marked decrease has been recorded since 2008, coinciding with the begidding of the economic crisis. Finally, large scale meteorology has been shown to be an important influental factor on ambient aerosol concentrations across the Iberian Peninsula, with the North Atlantic Oscillation controlling the frequency of Sahara dust instrusions across the Iberian Peninsula in winter. Specially at MSY, organic matter and secondary inorganic aerosol accounted for the majority of the reduction observed.
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Plný tet: SKMBT_C22013112516390 - Download fulltextPDF

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1 Pérez, Nicolas
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