{"title":"Latvia","authors":"","doi":"10.1093/oso/9780198826521.003.0033","DOIUrl":null,"url":null,"abstract":"Debtor in possession principle. Since the debtor maintains the control over the business during formal restructuring procedure companies are more enthusiastic about restructuring. Latvia introduced first version of debtor in possession procedure in 2008. Before 2008 restructuring was an option during insolvency procedure and was led by insolvency administrator.","PeriodicalId":366238,"journal":{"name":"Rescue of Business in Europe","volume":"6 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Rescue of Business in Europe","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/oso/9780198826521.003.0033","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Debtor in possession principle. Since the debtor maintains the control over the business during formal restructuring procedure companies are more enthusiastic about restructuring. Latvia introduced first version of debtor in possession procedure in 2008. Before 2008 restructuring was an option during insolvency procedure and was led by insolvency administrator.
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