Micro, small and medium enterprise in insolvency: An international perspective

Matthew, Anne F. (2015) Micro, small and medium enterprise in insolvency: An international perspective. In Insolvency Academics Network 2015, 24 July 2015, University of Adelaide, S.A. (Unpublished)

Abstract

UNCITRAL Working Group I is presently developing a legal framework dealing with the entire lifecycle of Micro, Small and Medium Enterprises. The central focus of this work is to guide MSMEs in developing countries out of the grey economy and into the regulated, tax-paying space where these business will also have greater access to legitimate finance. Insolvency is an important, perhaps inevitable aspect of the life cycle of these enterprises. The question that is yet to be considered is a simplified insolvency regime for MSMEs. While the Working Group I is focused on the development of a model for developing economies, MSMEs in robust, highly developed economies also face particular challenges when faced with a solvency crisis. The present one-fits-all approach to insolvency requires a rethink.

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ID Code: 90023
Item Type: Conference Item (Presentation)
Refereed: No
Keywords: insolvency, MSME, SME, Micro, Small, Medium, Enterprise, UNCITRAL, Working Group I, simplified business entity, Colombia, SAS
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000)
Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100)
Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100) > International Law (excl. International Trade Law) (180116)
Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100) > International Trade Law (180117)
Divisions: Current > Research Centres > Commercial & Property Law Research Centre
Current > QUT Faculties and Divisions > Faculty of Law
Current > Schools > School of Law
Copyright Owner: Copyright 2015 The Author
Deposited On: 05 Nov 2015 23:10
Last Modified: 05 Nov 2015 23:11

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