| Title: | Debt Recovery For Creditors And The Law Of Insolvency In Israel |
| Price: | $500.00 |
| Publication Date: | Aug 20, 2008 |
| Report Type: | Commentary |
| Abstract: | In connection with its global assignment of recovery and issue ratings, Standard&Poor's Ratings Services has assessed the Israeli insolvency regime as a Group A2 jurisdiction, based on its relative degree of "creditor-friendliness" as defined in Standard&Poor's report titled "Jurisdiction-Specific Adjustments To Recovery And Issue Ratings," published June 20, 2008, and available on RatingsDirect at www.ratingsdirect.com. Israel has a well-developed body of commercial law and an experienced and practical bar, judiciary, and financial service community. Its insolvency regime is, on the whole, "creditor-friendly." Debt recoveries for secured creditors are strong, primarily due to creditors' ability to foreclose on collateral, even during liquidation proceedings. Unsecured creditors have a voice in a debtor's insolvency proceedings due to their ability |
| Brief Excerpt: | RESEARCH Ratings Definitions Debt Recovery For Creditors And The Law Of Insolvency In Israel Publication date: ##-Aug-#### Primary Credit Analyst: Agnes M DePetigny, Paris (##) #-####-####; agnes_depetigny@standardandpoors.com Secondary... |
| Word Count: | 3643 |
| Sector: | Global Issuers, Structured Finance, Financial Institutions, Sovereigns, Corporations, International Public Finance, Servicer Evaluations, Asset-Backed Securities, Collateralized Debt Obligations, Real Estate Companies, Asset-Backed Commercial Paper, Commercial MBS, Residential MBS |
| Format: | 
HTML
|
| Free Sample: |
Click
Here
to Download
|
Looking For Something Else?
