Creditor’s Right to Information in Corporate Bankruptcy Proceedings
Articles
Remigijus Jokubauskas
Mykolas Romeris University, Lithuania
Published 2019-12-20
https://doi.org/10.15388/Teise.2019.113.6
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Keywords

corporate bankruptcy proceedings
right to information
principle of creditor autonomy
pari passu

How to Cite

Jokubauskas, R. (2019) “Creditor’s Right to Information in Corporate Bankruptcy Proceedings”, Teisė, 113, pp. 108–122. doi:10.15388/Teise.2019.113.6.

Abstract

This article examines the practical problems deriving from the exercise of the creditor’s right to information regarding the course of corporate bankruptcy proceedings. The legal regulation of foreign states shows that creditors shall participate in bankruptcy proceedings actively. Namely, timely information about the corporate bankruptcy proceedings allows creditors to exercise other rights and impact the decision-making in this process. Disputes often arise regarding how creditors can use this right to information and what legitimate restrictions can be established for its implementation.

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