Folie1-tma.pptVIP

; Current situation Overview of the main actors Regulatory framework Key challenges;Total value of non-performing loans as % of total loans;Total number of companies that entered insolvency procedures;Unavoidable capital destruction;Great deal of uncertainty and lack of decision making/expertise;Overview of the main actors; Banks and leasing companies Suppliers Authorities Labor Judicial administrators Consultants Turnaround firms (in very short supply) Sources of capital;Insolvency Law 85/2006;Large number of stakeholders with conflicting interests Very slow decision making Shortage of