Dataset

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2. World Bank Indicators
3. Resolving insolvency: Creditor participation index (0-4) (DB15-20 methodology)

Resolving insolvency: Creditor participation index (0-4) (DB15-20 methodology)

The creditor participation index has four components: (i) whether creditors appoint the insolvency representative or approve, ratify or reject the appointment of the insolvency representative; (ii) Whether creditors are required to approve the sale of substantial assets of the debtor in the course of insol­vency proceedings; (iii) Whether an individual creditor has the right to access financial information about the debtor during insolvency proceedings; and (iv) Whether an individual creditor can object to a decision of the court or of the insolvency representative to approve or reject claims against the debtor brought by the creditor itself and by other creditors.