Ways of bankruptcy assets monetization
Vol.10,No.3(2002)
Abstract
Pages:
228–234
The law concerning bankruptcy and composition presupposes existence of several ways of the bankruptcy assets property monetization. The bankruptcy assets can be turned into cash either using the procedure following the law concerning public auctions, or by the free hand sale, or according to the relevant provisions of the civic legal order concerning the decision performance. The choice of the particular way of monetization depends on the object to monetize. The basic criteria for determining the way of monetization should be quickness, transparency, and maximization of the bankruptcy assets monetization gains. The article mentions procedures of bankruptcy assets monetization including related problems.
228–234
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