At the End, the Creditors Win. Pre-Insolvency Proceedings in France, Belgium and the Netherlands (1807-c. 1910)

Over the course of the nineteenth century, throughout continental Western Europe, the rules concerning insolvency were changed, yet not fundamentally. The Napoleonic Commercial code of 1807 continued to mark the contents of new legislation. Even after the military influence of France waned, the code was kept in liberated territories, or it was a model for national codifications and laws. The commercial code of 1807 imposed the dispossession of insolvent merchants and entrepreneurs and the public sale of their effects as default proceedings. New laws on the matter were targeted at different goa... Mehr ...