search query: @indexterm CREDIT TRADING / total: 24
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| Author: | Burger, A. Schellberg, B. |
| Title: | Kreditsicherheiten Kostenbeiträge und Übersicherung im neuen Insolvenzrecht |
| Journal: | Zeitschrift für Betriebswirtschaft
1995 : APR, VOL. 65:4, p. 411-423 |
| Index terms: | CREDIT TRADING MONETARY ECONOMICS CREDIT CONTROL |
| Language: | ger |
| Abstract: | Credit securities protect creditors' claims and reduce the secured creditors' expences for information and control. The new Insolvency Law provides for participation of the secured creditors in the cost assessing and utilizing securities. This economically legimated cost sharing is meant to relieve the non-secured creditors. However, the legislator also gives the option of passing on these costs to the non-secured creditors through an overcollaterialization; thus the non-secured creditors' expectations of satisfactions are - contrary to the legislator's intentions - further reduced. |
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