@article{acc92e6ac41243afbc4a9be6d69c6b71,
title = "Global trends in the treatment of local public entities in distress: A principled approach",
abstract = "This article presents the findings of a global study on the treatment of local public entities in distress conducted in 20 jurisdictions across the world. It sets out to detail and analyses how different national insolvency law systems treat local public entities in distress. The main purpose of this study is to provide recommendations for a harmonised and principled treatment of these entities. The key priority of the recommendations proposed in the study is to ensure the continuity of essential public services without necessarily deviating from the established insolvency principles of collectivity and equality of treatment among creditors.",
author = "Coordes, {Laura N.} and Yseult Marique and Eugenio Vaccari",
note = "Funding Information: This article has been adapted from a publication titled {\textquoteleft}When liquidation is not an option: A global study on local public entities (LPEs) in distress{\textquoteright} (INSOL International, 2022). The project was funded by INSOL International and the University of Essex. The authors are grateful to the members of the mentoring group: Professor John Bell (University of Cambridge), Professor Maurice Sunkin (University of Essex) and Professor Georg Kodek (Vienna University of Economics and Business), as well as to all the contributors in this project for their insightful comments on earlier drafts of this article. The article covers literature and case law published before 1 May 2022. The usual disclaimer applies. The jurisdictions covered in the study are (in alphabetical order): Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Croatia, France, Germany, Ghana, Italy, Japan, Netherlands, Nigeria, People's Republic of China, the Russian Federation, South Africa, Uganda, the United Kingdom and the United States of America. 2 Publisher Copyright: {\textcopyright} 2023 The Authors. International Insolvency Review published by INSOL International and John Wiley & Sons Ltd.",
year = "2023",
month = mar,
day = "1",
doi = "10.1002/iir.1494",
language = "English (US)",
volume = "32",
pages = "93--121",
journal = "International Insolvency Review",
issn = "1180-0518",
publisher = "John Wiley and Sons Ltd",
number = "1",
}