From Hibernation to Revitalization : Analysis of Insolvency COVID-19 Response Measures and their Wind-Down (English)

The Coronavirus (COVID-19) pandemic posed a threat not only to the real and financial sectors of a broad range of countries but also to the workings of insolvency systems within those economies. Insolvency systems were at risk of being overwhelmed with filings for insolvency, potentially leading to overwhelmed courts, inefficient outcomes, and asset fire sales. As such, countries had to decide whether to introduce emergency insolvency and debt enforcement...
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Antonia Preciosa Menezes; Sergio Ariel Muro; Tay, Jo; Luck, Kai; Ng, Daniel; Hengst, Ferdinand; Reader, Nicola; Kiryabwire, Winifred Tarinyeba; Packman, Stephen; Hernandez, Fernando; Winter-Scott, Rosemary.

From Hibernation to Revitalization : Analysis of Insolvency COVID-19 Response Measures and their Wind-Down (English). Equitable Growth, Finance and Institutions Insight Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099546408302236656

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