The flip side of the coin: how entrepreneurship?oriented insolvency laws can complicate access to debt financing for growth firms
Corporate Finance Lab
NOVEMBER 8, 2023
This change increases the risk for creditors, as they may have difficulties recovering debts in case of debtor bankruptcy. The debtor-friendly law introduces measures that offer more protection and relief to debtors, making it easier for them to restructure, settle, or even get debt forgiveness.
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