60 likes | 62 Views
SURVEY Commercial Enforcement and Insolvency Systems. PANEL I Role of Court. Legal Vice Presidency The World Bank. Court Specialization. 100%. 90%. 80%. 70%. 60%. 50%. 45%. 50%. 38%. 38%. 36%. 40%. 33%. 33%. 27%. 27%. 27%. 30%. 25%. 22%. 25%. 20%. 13%. 18%. 9%. 9%.
E N D
SURVEY Commercial Enforcement and Insolvency Systems PANEL I Role of Court Legal Vice Presidency The World Bank
Court Specialization 100% 90% 80% 70% 60% 50% 45% 50% 38% 38% 36% 40% 33% 33% 27% 27% 27% 30% 25% 22% 25% 20% 13% 18% 9% 9% 13% 10% 11% 0% 0% Africa EAP & SA ECA LAC Industrial Specialized Commercial Court Mix of Specialized and Commercial Non-specialized
Court Discretion over Plan 100% 100% 90% 89% 89% 86% 82% 82% 80% 71% 70% 60% 57% 56% 50% 40% 33% 30% 20% 10% 0% Rejection of plan Imposition to dissenting minorities Africa EAP & SA ECA LAC Industrial
Exercise of Court Discretion(Rejection of Plan) 100% 100% 90% 80% 80% 70% 70% 60% 57% 60% 50% 43% 40% 40% 30% 20% 20% 20% 10% 10% 0% 0% 0% 0% 0% 0% Africa EAP & SA ECA LAC Industrial Frequently Sometimes Infrequently
Exercise of Court Discretion(Imposition to dissenting minorities) 100% 90% 75% 80% 71% 70% 60% 50% 50% 50% 44% 38% 40% 33% 29% 25% 25% 30% 22% 25% 20% 13% 10% 0% 0% 0% Africa EAP & SA ECA LAC Industrial Frequently Sometimes Infrequently
Significant Role Played by Court in… 100% 89% 86% 86% 90% 82% 75% 80% 70% 75% 67% 70% 71% 60% 67% 67% 60% 50% 50% 43% 40% 30% 22% 20% 10% 0% Claims Plan Approval Selection of Administrator/Trustee Africa EAP & SA ECA LAC Industrial