the_past-_present_and_future_of_the_rescue_and_restructuring_guidelines_for_undertakings_in_difficulty.pdf
(310.51 kB, PDF)
… is important to note that the range of restructuring operations is not limited to financial aid. The firm asking for a grant of restructuring aid needs to submit a detailed and viable restructuring programme to the Commission – so-called restructuring/liquidation plan – restoring the firm’s long-term 17 Farantouris 2009, p.9 18 Farantouris 2009, p.3 19 Hancher, Ottervanger & Slot … Public consultation on Draft guidelines on state aid for rescue and restructuring non-financial undertakings in difficulty, 2013. Retrieved via: http://ec.europa.eu/competition/consultations/2013_state_aid_rescue_restructuring/index_en. html, last visited on 30-05-2014 Ferruz & Nicolaides 2013 Miguel Ángel Bolsa Ferruz and Phedon Nicolaides; The Economics of State Aid for the Rescue and Restructuring of Firms in Difficulty: Theoretical Considerations, Empirical Analysis and Proposals for Reform. Bruges European Economic Research Papers, 2013. Retrieved via: https://www.coleurope.eu/website/study/european-economic-studies/research- activities/bruges-european-economic-research-papers, last visited on 30-05-2014 Grigorian & Raei 2013 David A. Grigorian & Faezeh Raei: Government Involvement in Corporate Debt Restructuring: Case Studies from the Great Recession, Modern Economy, nr. 4, 2013, p. 171- 186 Retrieved via: …