Under the World Bank Principles for Effective Insolvency and Credit/Debtor Regimes (World Bank Principles), which of the following parties should administer the debtor's estate in liquidation bankruptcy proceedings?
Hmm, I'm not sure. The debtor themselves supervised by an independent representative sounds like a potential conflict of interest. I'll go with D - an independent insolvency representative is the way to go.
D! The World Bank Principles clearly state that an independent insolvency representative should administer the debtor's estate in liquidation bankruptcy proceedings. This ensures impartiality and protects the interests of all stakeholders.
Alonso
8 days agoBenedict
9 days agoPatrick
14 days agoJaclyn
10 days agoMeaghan
15 days agoGerald
1 months agoFlorencia
1 months agoLeota
2 months ago