Made available in DSpace on 2015-03-05T19:14:42Z (GMT). No. of bitstreams: 0 Previous issue date: 24 / Nenhuma / Este estudo tem como objetivo investigar as percepções dos empresários sobre as causas que levaram as empresas de pequeno e médio porte, no Município de Novo Hamburgo – RS à falência, no período compreendido entre os anos de 2000 a 2006. A partir da réplica do questionário “Financial conditions among small firms in Iowa e Factors contributing to bankruptcy”, elaborado por Carter e Van Auken (2006), procedeu-se a tradução, a validação e a aplicação do questionário de forma a se comparar os resultados obtidos na realidade brasileira com os resultados obtidos pelos autores americanos. Nesse contexto, o presente trabalho analisa as dificuldades financeiras das empresas desse porte, abordando os custos diretos e indiretos de falência, assim como o novo enfoque de reestruturação de empresas, trazido com o advento da Lei nº 11.101/2005, denominada Lei de Falências e de Recuperação de Empresas. Assume especial relevo, no momento, a investigação sob a luz de algumas evidências empíricas sobre falência, insolvência, ca / This research aims to investigate the perceptions of business people about the reasons that led small and medium companies to bankruptcy from 2000 and 2006 in Novo Hamburgo-RS. Using a version of the questionaire “ Financial conditions among small firms in Iowa and factors contributing to bankruptcy”, developed by Carter and Van Auken (2006), the translation , valuation and aplication took place in order to compare the results achieved concerning the Brazilian reality with the ones achieved by the American authors. In this context, this research examines the financial difficulties faced by the companies, analysing the direct and indirect bankruptcy costs as well as the reestructing of the companies that follwed the law nº 11.101/2005, named “Lei de falência e de recuperação de Empresas”. The investigation of some empirical evidence related to the bankarupcy, failure cases and mortality pointed out in several national and international literature, assumes a crucial importance at the momente for the understandi

Made available in DSpace on 2016-04-26T20:22:40Z (GMT). No. of bitstreams: 1 Luiz Gonzaga Modesto de Paula.pdf: 875427 bytes, checksum: b4a908614bb8c9e5682088bfcaba5c61 (MD5) Previous issue date: 2014-03-26 / This research has the purpose of studying the legal measures taken by Brazilian legislation to mitigate the failure of the business activity and its externalities . Focusing on the ineffectiveness and repeal of acts performed by the debtor before the bankruptcy - either as a result of the failure of his/her attempts of reorganization , whether as a result of direct petition of the dissatisfied creditor - the study also comprises the objective , principles and innovations governed by law 11.101/2005 (Bankruptcy Law) . The legal safeguarding of the creditors' rights does not begin on the date of the reorganization petition or declaration of bankruptcy of the insolvent entrepreneur. It extends up to the final legal solution to such business crisis and dates back to the period that precedes the petition of reorganization or the bankruptcy filing. Such assumptions for protection of the creditors rights affected by practices that precede the adjudication of bankruptcy will also be reviewed in this dissertation. Some of the practices of an entrepreneur facing a crisis, justified by the fear of imminent breakdown, could have been considered legal if not for the adjudication of bankruptcy. These are subject of judicial intervention to remove their effectiveness or have them revoked, as a protection to the creditors rights .Such scenario imposes a legal defense against predatory acts of the entrepreneur facing a crisis. This leads to the study of the hypotheses of objective inefficiency and the particulars of the revocation suit till reaching the exceptions to the possibility of declaration of ineffectiveness by the bankruptcy judge. Legal transactions with potential to enforce the attendance of one of the creditors to the detriment of others has received special attention from the legislature which has resulted in a number of practices considered ineffective in relation to the bankrupt estate ( articles 129 , I to VII ) . Besides these legal hypotheses, article 130 of the law decrees the ineffectiveness of any transaction made by the debtor before bankruptcy when it is proven that such practices intend to harm creditors / Esta pesquisa tem por finalidade estudar as medidas jurídicas adotadas pela legislação brasileira para amenizar o insucesso da atividade empresarial e as suas externalidades. Com foco na ineficácia e na revogação dos atos praticados pelo devedor antes da falência quer como resultado do fracasso das suas tentativas de recuperação, quer como resultado de pedido direto de credor não satisfeito o estudo envolve ainda os objetivos, novidades e princípios que regem a Lei n.11.101/2005 (Lei Falimentar). O resguardo legal dos direitos dos credores não começa na data do pedido de recuperação ou de decretação da falência do empresário insolvente, mas se estende até a final solução jurídica da crise empresarial e retroage a período anterior à data do ingresso do pedido de recuperação ou do requerimento de falência. E são essas hipóteses de resguardo do direito dos credores atingidos por atos anteriores à decretação da quebra que também serão avaliadas nesta dissertação. Algumas das condutas do empresário em crise, justificadas pelo temor da quebra iminente, e que poderiam ser consideradas lícitas se não sobreviesse a decretação da falência, são suscetíveis de intervenção judicial para lhes retirar a eficácia ou revogá-las, como medida de proteção aos direitos dos credores. O cenário impõe a defesa judicial contra a ação predatória do empresário em crise e leva ao estudo das hipóteses de ineficácia objetiva e das particularidades da ação revocatória até chegar às exceções à possibilidade de decretação de ineficácia pelo juiz falimentar. Os negócios jurídicos com potencial de fazer prevalecer o atendimento a um dos credores em prejuízo dos demais receberam do legislador uma atenção especial que resultou numa relação de condutas consideradas ineficazes em relação à massa falida (art. 129, I a VII). Além destas hipóteses legais, o art.130 da lei decreta a ineficácia de qualquer negócio realizado pelo devedor, antes da quebra quando provada a prática de atos com a intenção de prejudicar credores

The aim is to analyze the legislation means of resolving insolvency, creating a comprehensive business bankruptcies of the insolvency proceedings in bankruptcy reorganization on the basis of a practical example, including subsequent evaluation of the advantages and the low number of permitted reorganisation, and designing themes, de lege ferenda, namely guidelines, which would be appropriate to change the legislation.

Bakgrund och problemdiskussion: Idag är konkurser ett problem då många företag försätts i konkurs samt att de bidrar till konsekvenser som påverkar hela samhället. Byggföretag är hårt drabbade och det finns olika tillvägagångssätt, bland annat att genom olika modeller och nyckeltal, för att beräkna konkurser i förväg och ta åtgärder. Syfte: Syftet med studien är att jämföra och analysera fem olika konkursprognostiseringsmodeller och dess nyckeltal i de svenska byggföretagen, för att se om någon eller några modeller är tillämpbara. Syftet med studien är vidare att jämföra våra resultat med resultatet från den litauiska studien och se om vi får ett liknande resultat. Metod: Studien har använt ett kvantitativt tillvägagångssätt där data har samlats in från årsredovisningar för att sedan tillämpas i fem konkursprognostiseringsmodeller. Vidare har nyckeltalen granskats bland annat utifrån en regressionsanalys. Resultat och slutsats: Ingen av de fem modellerna är tillämpbara i de svenska byggföretagen då ingen av påvisar en tillräckligt hög träffsäkerhet som anses pålitlig. Med hjälp av nyckeltal kan man till hög grad säga hur väl ett företag mår och därför till viss sannolikhet säga huruvida företaget kommer gå i konkurs. / Background: When companies go bankrupt and they contribute to consequences that affect the entire society from different aspect. The construction sector is very affected line of business but there are different approaches for calculating bankruptcies in advance and measuring how well a business is. Purpose: The purpose of this study is to compare and analyze five different bankruptcy prediction models and their financial ratios in Swedish construction sector, to see if any or some models are applicable. Furthermore, the purpose of the study is also to compare our results with the results from the Lithuanian study and see if we get a similar result. Method: The study has used a quantitative approach where data has been collected from the companies’ annual financial reports and then applied in five bankruptcy prediction models. Results and conclusion: None of the five models are applicable in Swedish construction sector, as none of them shows high accuracy which is considered reliable.

This article addresses the issue referred to the modernization of the regulation on Bankruptcy matters in Peru. The authors propose the adoption of the Model of the United Nations Commission on International Trade Law by Peru to help update our national legislation on cross-border insolvency and create more efficient ways of recognizing insolvency proceedings that have been started abroad. Finally, the authors propose the updating of the nomenclature, which are used in certain provisions of the Civil Code, as part of the pending agenda on Bankruptcy Law in Peru. / El presente artículo aborda la temática referida a la modernización de la regulación en materia Concursal en el Perú. Los autores plantean la adopción de la Ley Modelo de la Comisión de las Naciones Unidas para el Derecho Mercantil Internacional por el Perú para ayudar a actualizar nuestra legislación nacional en materia de insolvencias transfronterizas y crear nuevas formas más eficientes de reconocimiento de procedimientos concursales iniciados en el extranjero. Por último, los autores proponen la actualización de la nomenclatura utilizada en ciertas disposiciones del Código Civil, como parte de la agenda pendiente en materia de Derecho Concursal en el Perú.

Submitted by Rafael Carlquist Rabelo de Araujo (carlquist.rafael@gmail.com) on 2018-04-27T04:02:00Z No. of bitstreams: 1 versao_final.pdf: 1080487 bytes, checksum: 9f90a3b330555a8cb538254caf1daa0b (MD5) / Approved for entry into archive by GILSON ROCHA MIRANDA (gilson.miranda@fgv.br) on 2018-05-08T14:07:53Z (GMT) No. of bitstreams: 1 versao_final.pdf: 1080487 bytes, checksum: 9f90a3b330555a8cb538254caf1daa0b (MD5) / Made available in DSpace on 2018-05-08T18:53:12Z (GMT). No. of bitstreams: 1 versao_final.pdf: 1080487 bytes, checksum: 9f90a3b330555a8cb538254caf1daa0b (MD5) Previous issue date: 2018-03-28 / In 2005, the Brazilian bankruptcy law was changed to improve secured creditor’s protection. I explore the bankruptcy reform together with heterogeneity of the judicial efficiency, at the municipal level, and heterogeneity of the firm’s asset tangibility, at the sectoral level, to study possible effects on labour reallocation. By applying an instrumental variable approach, I find that firms operating on municipalities with a more efficient judicial system observed a higher increase in their labour force after the reform, and that this effect was stronger on firms operating in sectors which use more tangible assets.

This diploma thesis describes possible options of dealing with bankruptcy of chosen company with wider focus on economic aspects. The theoretical part of the thesis deals with possibilities how to resolve bankruptcy, course of insolvency proceedings, activities of insolvency trustee, status of creditors and registration of creditor’s receivables. The practical part deals with evaluation of economical situation of chosen company with recommendations for creditors, whether it is more advantageous to maintain the company operating, according to financial results (reorganization) or whether it is better to sell all of company’s assets (bankruptcy), and to cease its activities.

Au cours du XIXe siècle, le droit de la faillite institué comme un mécanisme de sanction des débiteurs professionnels faillis prend progressivement en compte la situation du débiteur ainsi que sa bonne ou sa mauvaise foi afin d’évaluer son degré de culpabilité. À Lyon, l’évolution de la norme de la faillite et de sa pratique le tribunal de commerce fait apparaître une prise en considération grandissante de l’humanité du débiteur, accompagnée parfois par une réforme légale impulsée par l’initiative des juges consulaires lyonnais. Ceux-ci prennent l’initiative d’instituer des mesures contra legem afin de protéger les commerçants de bonne foi victimes d’une conjoncture provoquant une crise économique majeure qui génère des faillites en cascade.Au lieu de mettre en place une réforme en profondeur du droit de la faillite réclamée par les praticiens, les docteurs, la jurisprudence ainsi que par les justiciables, le législateur n’institue que des mesures provisoires et palliatives. Son inertie renforce la conviction des juges consulaires lyonnais que leur pratique s’impose comme une solution appropriée pour réduire les conséquences néfastes de l’inaction du législateur non seulement sur la situation des commerçants faillis mais aussi sur la société et l’économie de la ville de Lyon. / During the nineteenth century, the bankruptcy law instituted as a sanction mechanism of bankrupt debtors professionals has been gradually taking into account the debtor's situation and his good or bad faith in order to assess the degree of guilt.In Lyon, the evolution of the standard of bankruptcy and practice of the Commercial Court reveals a growing consideration of debtor’s humanity, sometimes accompanied by a legal reform promoted by the initiative of consular judges of Lyon. They take the initiative to institute measures contrary to the law to protect bona fide traders victims of a situation causing a major economic crisis that generates cascading bankruptcies.Instead of putting in place a comprehensive reform of bankruptcy law claimed by practitioners, doctors, case law and by litigants, the legislator establishes only temporary and palliative measures. Its inertia reinforces the conviction of consular judges of Lyon that their practice has established itself as an appropriate solution to reduce the adverse consequences of the inaction of the legislature not only on the situation of failed traders, but also on society and the economy of the city from Lyon.

This thesis first describes the insolvency proceedings in general, explains basic concepts, describes the different stages of insolvency proceedings and introduces the reader to the entitiesin the insolvency process. It also explains what is a bankruptcy and presents possible ways of solving it. The current situation in relation to insolvency proceedings is shown based on the basic statistics. In the next section, the thesis is focused on the classification of debts and the possibility of creditors to submit their claims in an insolvency proceeding. It also deals with special cases that may occur. The final part of the thesis describes an example application of claims in practise, incl. complications that the creditor must solve.

The diploma thesis is aimed at creating a bankruptcy model for companies of the construction industry in the Czech Republic by using discriminant analysis. In the theoretical part, the concept of bankruptcy model is defined; this part is focused on the inclusion of bankruptcy models in economics, a look into their history, a description of selected models and a brief characteristic of the construction industry. In the practical part, the reliability of selected bankruptcy models is counted and a new bankruptcy model is built.