Die nachrangige Behandlung von Krediten gesellschaftsfremder Dritter in der Insolvenz der GmbH
Zur Auslegung des § 39 Abs. 1 Nr. 5 InsO aufgrund eines Vergleichs mit dem US-Recht sowie ökonomischer Abwägungen
Nomos, 1. Edition 2018, 212 Pages
The product is part of the series
Nomos Universitätsschriften – Recht
Description
The author discusses the personal scope of § 39 para 1 no. 5 InsO. This is done by engaging a comparison with the rules of the former law on substituted equity and the legal instruments applied in US law. Additionally, the author analysis § 39 para 1 no. 5 InsO under the principles of the economics of law. The conclusion the study draws is that the criteria currently used by the prevailing opinion are not sufficient. This is due to the matter that they do not sufficiently reflect on the ratio of equity to subordinated loan and the resulting implications for creditors. The author therefor calls to extend the catalogue of applicable criteria which has the effect that the personal scope of § 39 para 1 no. 5 InsO would be interpreted more narrowly than currently.
Bibliographical data
| Edition | 1 |
|---|---|
| ISBN | 978-3-8487-4281-3 |
| Subtitle | Zur Auslegung des § 39 Abs. 1 Nr. 5 InsO aufgrund eines Vergleichs mit dem US-Recht sowie ökonomischer Abwägungen |
| Publication Date | Aug 8, 2018 |
| Year of Publication | 2018 |
| Publisher | Nomos |
| Format | Softcover |
| Language | deutsch |
| Pages | 212 |
| Medium | Book |
| Product Type | Scientific literature |
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