INSOL Talks
Ep. 51 - Director’s Duties and Empirical Legal Research in Insolvency Law
May 15, 2024
Researchers Jessie Pool and Georg Wabl discuss empirical research on directors' duties in insolvency law in Austria and The Netherlands. They explore challenges, enforcement, and harmonization, highlighting the balance between stakeholder interests and timely action in insolvency cases.
45:49
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Quick takeaways
- Employing empirical legal research methods is crucial for understanding complex legal issues in insolvency law.
- Directors' duties in insolvency law are essential for effective restructuring processes and balancing stakeholder interests.
Deep dives
The Importance of Empirical Legal Research in Insolvency and Restructuring Law
Understanding and employing empirical legal research methods play a crucial role in shaping our knowledge of complex legal issues within insolvency and restructuring law. Empirical research allows us to study how laws work in practice and their impact on society, including the effectiveness of legal systems. Researchers should consider conducting empirical research when questioning legal assumptions or drafting laws. Challenges in empirical research include the fact-value gap and the need to maintain transparency, reliability, and validity in data collection and analysis.
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