Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities
Includes bibliographical references
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
Department of Commercial Law
2016
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613191166492672 |
|---|---|
| access_status_str | Open Access |
| author | Hoffmann, Maximilian Friedrich Richard |
| author2 | Rycroft, Alan |
| author_browse | Hoffmann, Maximilian Friedrich Richard Rycroft, Alan |
| author_facet | Rycroft, Alan Hoffmann, Maximilian Friedrich Richard |
| author_sort | Hoffmann, Maximilian Friedrich Richard |
| collection | Thesis |
| description | Includes bibliographical references |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/16660 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:32:13.078Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | Department of Commercial Law |
| publisherStr | Department of Commercial Law |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/16660 The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities Hoffmann, Maximilian Friedrich Richard Rycroft, Alan Dispute Resolution Includes bibliographical references This work is dedicated in the first instance to the necessity of insolvency proceedings for municipalities as territorial entities. Therefore, the current debate on insolvency proceedings for states is presented briefly in an introductory overview to introduce the debate that insolvency proceedings for territorial entities has reached all levels of government worldwide. This is followed by examples of historical experience with insolvency scenarios of states and local authorities to show that insolvency scenarios at all levels of government are part of reality, and that a procedural handling is possible, but also necessary. Based on this, the US-Chapter 9 procedure, perhaps the most well-known legal remedy for insolvent cities, and the most globally developed proceeding for municipal insolvencies, is taken closer into view. In the first step, the principles and mechanisms are pointed out. This is followed by a semantic preamble regarding the development of insolvency law and its public perception, a short discussion of the experience with the Chapter 9 process and last, but not least, a presentation of the key advantages of Chapter 9 proceedings. The goal is to convey that the Chapter 9 proceeding may serve as a useful tool and model for other countries to solve excessive indebtness of municipalities. As a result, in particular, the abstract possibilities and objectives of the procedure are considered. 2016-02-01T10:16:13Z 2016-02-01T10:16:13Z 2015 Master Thesis Masters LLM http://hdl.handle.net/11427/16660 eng application/pdf Department of Commercial Law Faculty of Law University of Cape Town |
| spellingShingle | Dispute Resolution Hoffmann, Maximilian Friedrich Richard The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities |
| thesis_degree_str | Master's |
| title | The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities |
| title_full | The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities |
| title_fullStr | The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities |
| title_full_unstemmed | The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities |
| title_short | The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities |
| title_sort | us chapter 9 procedure a plea for a useful model for solving excessive indebtedness of municipalities |
| topic | Dispute Resolution |
| url | http://hdl.handle.net/11427/16660 |
| work_keys_str_mv | AT hoffmannmaximilianfriedrichrichard theuschapter9procedureapleaforausefulmodelforsolvingexcessiveindebtednessofmunicipalities AT hoffmannmaximilianfriedrichrichard uschapter9procedureapleaforausefulmodelforsolvingexcessiveindebtednessofmunicipalities |