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Introduction

  • Elina Moustaira
Chapter

Abstract

Which is the principal aim of the insolvency proceedings? Is it the best possible satisfaction of the creditors or is it the protection/survival of the debtor? Both are aims of the insolvency proceedings; but which one of the two should be considered as the main target? Not all countries follow the same path. In fact, there are many differences between the insolvency laws of the world. Further, even in the frame of one and the same country, there might exist different opinions regarding the answer to the above question; answers that may influence the trajectory of each country’s insolvency law.

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Elina Moustaira
    • 1
  1. 1.School of LawNational and Kapodistrian University of AthensAthensGreece

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