Anais EnAJUS 2019

ISSN 2674-8401

Troika’s Portuguese Ministry of Justice Experiment: MoU Results based on an Empirical Study of the Bankruptcy, Insolvency and Corporate Recovery Actions Performance

Autores: Pedro Miguel Alves Ribeiro Correia, Mariana Teles Viegas Cruz Dias, Zinga Daniela Joaquim Novais e Débora Lopes Gonçalves

Informações

Sessão 4: 05/08/2019 • 08h30 às 10h00 • Sala 108, Bloco C
Coordenadora: Profª. Ana Claudia Farranha

Resumo

The present article is part of a series of evaluations on the impact of measures implemented by the Portuguese Ministry of Justice, under the Memorandum of Understanding (MoU) ratified by Portugal and the so-called Troika (EC/ECB/IMF). It has the objective of evaluating the results obtained at the level of Bankruptcy, Insolvency and Corporate Recovery Actions resulting from goals inscribed in the MoU. The methodology incorporates statistical inference analysis of outcomes attained not only during the Troika’s period but during the pre- Troika’s and post-Troika’s periods as well. As was the case for the Civil Enforcement Actions (Correia and Videira, 2015, 2016), results confirm the existence of statistical differences among the three periods under scrutiny and suggest a tangible impact of the MoU implemented measures on the Portuguese judicial system.

Palavras-chave

Troika, Memorandum of Understanding, Measures, Portugal, Bankruptcy, Insolvency and Corporate Recovery Actions.

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