The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities

dc.contributor.advisorRycroft, Alanen_ZA
dc.contributor.authorHoffmann, Maximilian Friedrich Richarden_ZA
dc.date.accessioned2016-02-01T10:16:13Z
dc.date.available2016-02-01T10:16:13Z
dc.date.issued2015en_ZA
dc.descriptionIncludes bibliographical referencesen_ZA
dc.description.abstractThis 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.en_ZA
dc.identifier.apacitationHoffmann, M. F. R. (2015). <i>The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities</i>. (Thesis). University of Cape Town ,Faculty of Law ,Department of Commercial Law. Retrieved from http://hdl.handle.net/11427/16660en_ZA
dc.identifier.chicagocitationHoffmann, Maximilian Friedrich Richard. <i>"The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities."</i> Thesis., University of Cape Town ,Faculty of Law ,Department of Commercial Law, 2015. http://hdl.handle.net/11427/16660en_ZA
dc.identifier.citationHoffmann, M. 2015. The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Hoffmann, Maximilian Friedrich Richard AB - 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. DA - 2015 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities TI - The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities UR - http://hdl.handle.net/11427/16660 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/16660
dc.identifier.vancouvercitationHoffmann MFR. The US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalities. [Thesis]. University of Cape Town ,Faculty of Law ,Department of Commercial Law, 2015 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/16660en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentDepartment of Commercial Lawen_ZA
dc.publisher.facultyFaculty of Lawen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherDispute Resolutionen_ZA
dc.titleThe US Chapter 9 procedure: a plea for a useful model for solving excessive indebtedness of municipalitiesen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameLLMen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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