Law in transition online 2007 – Making an insolvency system work

Too often overlooked, an effective and efficient insolvency system is a critical part of a sound and stable economy. Many transition countries have made significant strides in the development of their insolvency systems, but there is much to be done. This edition of Law in transition online focuses on making an insolvency system work and features articles that consider the key pillars of an insolvency system: the laws and regulations upon which the system is built, the judiciary and regulators who apply and interpret the law, and the insolvency practitioners who make the system run.