Читать книгу Retos y desafíos de las garantías reales - Abel B. Veiga Copo - Страница 32

According to the Insolvency Guide, the overall objective of an efficient and effective insolvency law is the provision of market certainty to promote economic stability and growth. To achieve this overall objective, insolvency law must facilitate the maximization of the value of the assets in the insolvency estate, strike a balance between liquidation and reorganization, ensure equitable treatment of similarly situated creditors, provide for the timely, efficient and impartial resolution of insolvency, preserve the insolvency estate to allow equitable distribution to creditors,, ensure transparency and predictability, recognize existing creditor rights and establish clear rules for ranking of priority claims and establish a framework for cross-border insolvency7.