“No Way Out” : The Lack of Efficient Insolvency Regimes in the MENA Region

Uttamchandani, Mahesh

dc.creator	Uttamchandani, Mahesh
dc.date	2012-03-19T18:01:19Z
dc.date	2012-03-19T18:01:19Z
dc.date	2011-03-01
dc.date.accessioned	2023-02-17T20:55:32Z
dc.date.available	2023-02-17T20:55:32Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110324093837
dc.identifier	http://hdl.handle.net/10986/3375
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244339
dc.description	This paper provides a comparative summary of the payout phase of insolvency systems in the MENA Region. Countries in the region generally have weaker restructuring and liquidation systems than those in most other regions. The paper summarizes many of the weaknesses common across the region.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5609
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCESS FOR DEBTORS
dc.subject	ADMINISTRATIVE BODIES
dc.subject	ALTERNATIVE DISPUTE RESOLUTION
dc.subject	ASSET STRIPPING
dc.subject	ASSET VALUE
dc.subject	ASSETS
dc.subject	AUCTION PROCEDURE
dc.subject	AUCTION PROCEDURES
dc.subject	BALANCE SHEET
dc.subject	BANKRUPTCIES
dc.subject	BANKRUPTCY
dc.subject	BANKRUPTCY CASE
dc.subject	BANKRUPTCY CASES
dc.subject	BANKRUPTCY CREDITORS
dc.subject	BANKRUPTCY DECLARATION
dc.subject	BANKRUPTCY FILING
dc.subject	BANKRUPTCY FILINGS
dc.subject	BANKRUPTCY LAW
dc.subject	BANKRUPTCY LAW REFORM
dc.subject	BANKRUPTCY LAWS
dc.subject	BANKRUPTCY PETITION
dc.subject	BANKRUPTCY PROCEDURE
dc.subject	BANKRUPTCY PROCEDURES
dc.subject	BANKRUPTCY PROCEEDING
dc.subject	BANKRUPTCY PROCEEDINGS
dc.subject	BANKRUPTCY PROCESS
dc.subject	BANKRUPTCY REGIMES
dc.subject	BANKRUPTCY RELIEF
dc.subject	BANKRUPTCY SYSTEM
dc.subject	BANKRUPTCY SYSTEMS
dc.subject	CASE BACKLOGS
dc.subject	CESSATION OF PAYMENTS
dc.subject	CIVIL LAW
dc.subject	CLAIM
dc.subject	COLLATERAL
dc.subject	COLLECTION BY CREDITORS
dc.subject	COLLECTION EFFORTS
dc.subject	COMMENCEMENT OF BANKRUPTCY
dc.subject	COMMERCIAL COURTS
dc.subject	COMMERCIAL INSOLVENCY
dc.subject	COMMERCIAL LAWS
dc.subject	COMMERCIAL TRANSACTIONS
dc.subject	COMPULSORY LIQUIDATIONS
dc.subject	CONSEQUENCES OF BANKRUPTCY
dc.subject	CORPORATE DEBTORS
dc.subject	CORPORATE INSOLVENCY
dc.subject	COURT APPROVAL
dc.subject	COURT DECISION
dc.subject	COURT RESTRUCTURING
dc.subject	COURT SYSTEMS
dc.subject	CREDIT MARKETS
dc.subject	CREDITOR
dc.subject	CREDITOR ACTION
dc.subject	CREDITOR ACTIONS
dc.subject	CREDITOR HARASSMENT
dc.subject	CREDITOR PRIORITIES
dc.subject	CREDITOR PROTECTION
dc.subject	CREDITOR RIGHTS
dc.subject	CREDITOR RIGHTS SYSTEMS
dc.subject	CREDITORS COMMITTEE
dc.subject	CREDITORS INTERESTS
dc.subject	CREDITORS RIGHTS
dc.subject	CRIMINAL LAW
dc.subject	DEBT
dc.subject	DEBT RESTRUCTURING
dc.subject	DEBTOR
dc.subject	DEBTOR COMPANY
dc.subject	DEBTOR IN BANKRUPTCY
dc.subject	DEBTOR MANAGEMENT
dc.subject	DEBTOR-CREDITOR SYSTEMS
dc.subject	DEBTORS
dc.subject	DEBTS
dc.subject	DECLARATION OF BANKRUPTCY
dc.subject	DISPOSAL OF ASSETS
dc.subject	DISPOSITION OF ASSETS
dc.subject	DISSENTING CREDITORS
dc.subject	DISTRESSED COMPANIES
dc.subject	DISTRIBUTION TO CREDITORS
dc.subject	EFFECTIVE BANKRUPTCY
dc.subject	EFFECTIVE INSOLVENCY
dc.subject	EFFICIENT INSOLVENCY
dc.subject	EFFICIENT LIQUIDATION
dc.subject	EMPLOYEE PAYMENTS
dc.subject	EMPLOYEE WAGES
dc.subject	EQUITY SWAPS
dc.subject	ESTATE
dc.subject	EXIT MECHANISMS
dc.subject	FILING DATE
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL DISTRESS
dc.subject	FINANCIAL INFORMATION
dc.subject	FINANCIAL TROUBLES
dc.subject	FORMAL INSOLVENCY
dc.subject	FRAUD
dc.subject	FRAUDULENT CONVEYANCES
dc.subject	FRAUDULENT TRANSFERS
dc.subject	GENERAL CREDITORS
dc.subject	GOING CONCERN
dc.subject	GUARANTEE PAYMENT
dc.subject	INDEPENDENT INSOLVENCY REPRESENTATIVE
dc.subject	INDIVIDUAL CREDITOR
dc.subject	INSOLVENCY ADMINISTRATOR
dc.subject	INSOLVENCY ADMINISTRATORS
dc.subject	INSOLVENCY AREA
dc.subject	INSOLVENCY CASE
dc.subject	INSOLVENCY FILING
dc.subject	INSOLVENCY FILINGS
dc.subject	INSOLVENCY LAWS
dc.subject	INSOLVENCY PRACTITIONERS
dc.subject	INSOLVENCY PROCEDURE
dc.subject	INSOLVENCY PROCEDURES
dc.subject	INSOLVENCY PROCEEDING
dc.subject	INSOLVENCY PROCEEDINGS
dc.subject	INSOLVENCY PROCESS
dc.subject	INSOLVENCY REFORM
dc.subject	INSOLVENCY REGIME
dc.subject	INSOLVENCY REGIMES
dc.subject	INSOLVENCY SYSTEM
dc.subject	INSOLVENCY SYSTEMS
dc.subject	INSOLVENT
dc.subject	INSTITUTIONAL INFRASTRUCTURE
dc.subject	INSUFFICIENT FUND
dc.subject	INVESTMENT CLIMATE
dc.subject	JUDGE
dc.subject	JUDGES
dc.subject	JUDICIARY
dc.subject	JURISDICTION
dc.subject	JURISDICTIONS
dc.subject	LAST RESORT
dc.subject	LEGAL PROTECTIONS
dc.subject	LEGAL SYSTEMS
dc.subject	LEGISLATIVE GUIDE ON INSOLVENCY LAW
dc.subject	LENDERS
dc.subject	LIMITED LIABILITY
dc.subject	LIQUIDATION
dc.subject	LIQUIDATION COSTS
dc.subject	LIQUIDATION PROCEDURE
dc.subject	LIQUIDATION PROCEDURES
dc.subject	LIQUIDATION PROCESS
dc.subject	LIQUIDATION SYSTEMS
dc.subject	LIQUIDATOR
dc.subject	LIQUIDATORS
dc.subject	LOSS OF ASSET
dc.subject	MAJOR CREDITORS
dc.subject	MAJORITY OF CREDITORS
dc.subject	MULTIPLE CREDITORS
dc.subject	NEGOTIABLE INSTRUMENTS
dc.subject	NEGOTIATION
dc.subject	NEGOTIATIONS
dc.subject	NEGOTIATIONS BETWEEN DEBTOR
dc.subject	OPERATION OF INSOLVENCY LAW
dc.subject	ORDINARY CREDITOR
dc.subject	OUT OF COURT WORKOUTS
dc.subject	OUT-OF-COURT WORKOUTS
dc.subject	PENALTIES
dc.subject	PENALTY
dc.subject	POST-PETITION FINANCING
dc.subject	POTENTIAL INSOLVENCY
dc.subject	PRINCIPLES OF BANKRUPTCY
dc.subject	PRIOR TO INSOLVENCY
dc.subject	PRIORITIES OF CLAIMS
dc.subject	PRIORITY OF CREDITORS
dc.subject	PRIORITY RIGHTS
dc.subject	PRIVILEGED CREDITORS
dc.subject	PUBLIC FUNDS
dc.subject	RECOVERY RATE
dc.subject	RECOVERY RATES
dc.subject	RELIEF FROM CREDITOR
dc.subject	REMEDIES
dc.subject	REORGANIZATION
dc.subject	REORGANIZATION LAW
dc.subject	REORGANIZATION PLAN
dc.subject	REORGANIZATION PROCEDURE
dc.subject	REORGANIZATION PROCEDURES
dc.subject	REORGANIZATION PROCEEDING
dc.subject	REORGANIZATION PROCESS
dc.subject	REORGANIZATION PROCESSES
dc.subject	REORGANIZATIONS
dc.subject	REPAYMENT
dc.subject	RESTRUCTURING OF DEBT
dc.subject	RETURN ON ASSETS
dc.subject	RIGHTS OF CREDITORS
dc.subject	SECURITY DEPOSIT
dc.subject	SETTLEMENT
dc.subject	SETTLEMENT PROCEDURES
dc.subject	SMALL BUSINESSES
dc.subject	STAY ON CREDITOR
dc.subject	TRADE CREDIT
dc.subject	TRADE DEBTS
dc.subject	TRANSACTIONS LAW
dc.subject	TRUSTEE
dc.subject	UNAUTHORIZED DISPOSITION
dc.subject	UNJUSTIFIED BANKRUPTCY
dc.subject	UNSECURED CREDITORS
dc.subject	USE OF BANKRUPTCY
dc.subject	VALUABLE ASSETS
dc.subject	VALUE OF ASSET
dc.subject	WINDING UP
dc.subject	WORKOUTS
dc.title	“No Way Out” : The Lack of Efficient Insolvency Regimes in the MENA Region
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	Middle East and North Africa
dc.coverage	Middle East and North Africa
dc.coverage	Middle East and North Africa