02150cas a2200337 a 4500 AALejournalIMF022281 230101c9999 xx r poo 0 0eng d 18.00 USD 9781513573595 1018-5941 BD-DhAAL BD-DhAAL Garrido, Jose. Restructuring and Insolvency in Europe : Policy Options in the Implementation of the EU Directive / Jose Garrido, Chanda DeLong, Amira Rasekh, Anjum Rosha. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (53 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Directive on Restructuring and Insolvency sets minimum standards for restructuring and certain insolvency matters, but its harmonization effect will be limited given multiple options for implementation, likely leading to divergent restructuring models in Europe. These options reveal different policy approaches to the regulation of restructuring and insolvency. The analysis in this paper aims to illustrate the breadth of the policy choices and their consequences for restructuring activity. States should carefully design restructuring procedures to avoid the negative economic effects of certain options that could undermine creditors' rights or result in unpredictable outcomes, particularly in cross-border cases. Mode of access: Internet EU Directive imf Foreign Exchange imf Informal Economy imf Restructuring, Insolvency, European Countries imf Underground Econom imf DeLong, Chanda. Rasekh, Amira. Rosha, Anjum. IMF Working Papers; Working Paper ; No. 2021/152 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/152/001.2021.issue-152-en.xml IMF e-Library