Insider Guarantees in Corporate Finance
eBook - PDF

Insider Guarantees in Corporate Finance

  1. 390 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Insider Guarantees in Corporate Finance

About this book

Insider guarantees play a crucial role in corporate finance. In small and medium companies shareholders frequently guarantee business debts towards a professional creditor, often the bank. In corporate groups, group companies often guarantee each other's debts towards a lender. The economic dynamics involved are however poorly understood.
This book gives an in-depth overview of the economic dynamics involved and reviews the legal regulation of these dynamics in the legal systems of the US, Germany and the Netherlands. The guarantee relationship can lead to efficiency gains, but is also prone to opportunistic use towards both insiders and outsiders of the relationship. German, Dutch and US law have some, but widely differing and in any case very limited mechanisms to deal with opportunistic use. Legal practitioners will appreciate the clear guidance on the dynamics and the overview of the regulation of and (liability) risks for parties involved. Academics will appreciate the innovative and thorough methodological approach.

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Yes, you can access Insider Guarantees in Corporate Finance by Aart Jonkers in PDF and/or ePUB format, as well as other popular books in Law & Financial Law. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Eleven International Publishing
Year
2020
eBook ISBN
9789460948527
Edition
0
Topic
Law
Subtopic
Financial Law
Index
Law

Table of contents

  1. Table of Contents
  2. Introduction
  3. Chapter 1 Comparative law & economics
  4. Chapter 2 The beneficial economic function of the guarantee relationship in corporate finance
  5. Chapter 3 Opportunistic use of the guarantee relationship in corporate finance
  6. Chapter 4 Dutch law on opportunism with the guarantee relationship
  7. Chapter 5 US law on opportunism with the guarantee relationship
  8. Chapter 6 German law on opportunism with the guarantee relationship
  9. Chapter 7 Comparison & synthesis
  10. Conclusion & Recommendations
  11. Literature & case law