Reorganization proceedings index (0-3)

  • Provider: World Bank
  • Source URL: http://data.worldbank.org/indicator/IC.ISV.RP
  • Catalog: Yearly from 2013 to 2015
  • Localized to: English
  • Description:

    The reorganization proceedings index has 3 components: (i) Whether the reorganization plan is voted on only by the creditors whose rights are modified or affected by the plan. A score of 1 is assigned if yes; 0.5 if all creditors vote on the plan, regardless of its impact on their interests; 0 if creditors do not vote on the plan or if reorganization is not available. (ii) Whether creditors entitled to vote on the plan are divided into classes, each class votes separately and the creditors within each class are treated equally. A score of 1 is assigned if the voting procedure has these 3 features; 0 if the voting procedure does not have these 3 features or if reorganization is not available. (iii) Whether the insolvency framework requires that dissenting creditors receive as much under the reorganization plan as they would have received in liquidation. A score of 1 is assigned if yes; 0 if no such provisions exist or if reorganization is not available. The index ranges from 0 to 3, with higher values indicating greater compliance with internationally accepted practices.

  • Dimensions

    • Country
      • Afghanistan
      • Albania
      • Algeria
      • Angola
      • Antigua and Barbuda
      • Argentina
      • Armenia
      • Australia
      • Austria
      • Azerbaijan
      • Bahamas, The
      • Bahrain
      • Bangladesh
      • Barbados
      • Belarus
      • Belgium
      • Belize
      • Benin
      • Bhutan
      • Bolivia
      • Bosnia and Herzegovina
      • Botswana
      • Brazil
      • Brunei Darussalam
      • Bulgaria
      • Burkina Faso
      • Burundi
      • Cambodia
      • Cameroon
      • Canada
      • Cape Verde
      • Central African Republic
      • Chad
      • Chile
      • China
      • Colombia
      • Comoros
      • Congo, Dem. Rep.
      • Congo, Rep.
      • Costa Rica
      • Cote d'Ivoire
      • Croatia
      • Cyprus
      • Czech Republic
      • Denmark
      • Djibouti
      • Dominica
      • Dominican Republic
      • East Asia & Pacific
      • Ecuador
      • Egypt, Arab Rep.
      • El Salvador
      • Equatorial Guinea
      • Eritrea
      • Estonia
      • ...