The statistic shows the annual evolution of the average time in approving an agreement from the beginning of the successive phase in a bankruptcy proceeding in Spain between 2010 and 2015, according to the type of procedure. The data reveal a considerable increase in 2015 of the average time in approving a convention judicially in the ordinary procedures.
Annual evolution of the average time to approve an agreement from the beginning of the next phase in a bankruptcy proceeding in Spain between 2010 and 2015, according to the type of procedure
(in days)
Characteristic
Abbreviated procedure
Ordinary procedure
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* Competitions after Royal Decree-law 3/2009, of March 27, on urgent measures in tax, financial and insolvency matters in light of the evolution of the economic situation.
** Data prior to 2015 can be found in previous versions of the yearbook .
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The source adds that "the records of the competition that have been analyzed correspond to those that have been registered, that is, they are not all existing according to the statistics of the INE", so that the results of the College of Registrars of the Property, Movable and Commercial Property may not coincide with the results of the National Institute of Statistics. The representativeness of the
sample of contest declaration cars analyzed by the College of Registrars for each statistical data can be consulted at the source. Home
A bankrupt company is an organizational unit for the production of goods and services with a certain autonomy of decision that is declared legally in bankruptcy. The creditors' contest is a legal proceeding that occurs when the debtor can not regularly meet his obligations that he has incurred against a particular creditor.
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The tender file can be processed through the ordinary or normal procedure, or through the abbreviated procedure, which is applied when the debtor is authorized to present the abbreviated balance and the initial estimate of its liabilities does not exceed one million euros .
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INE (Spain). (June 28, 2016). Annual evolution of the average time to approve an agreement from the beginning of the next phase in a bankruptcy proceeding in Spain between 2010 and 2015, according to the type of procedure (in days) [Graph]. In Statista. Retrieved August 31, 2024, from https://www.statista.com/statistics/775576/weather-in-approve-a-agreement-in-competition-from-creditors-by-process-spain/
INE (Spain). "Annual evolution of the average time to approve an agreement from the beginning of the next phase in a bankruptcy proceeding in Spain between 2010 and 2015, according to the type of procedure (in days)." Chart. June 28, 2016. Statista. Accessed August 31, 2024. https://www.statista.com/statistics/775576/weather-in-approve-a-agreement-in-competition-from-creditors-by-process-spain/
INE (Spain). (2016). Annual evolution of the average time to approve an agreement from the beginning of the next phase in a bankruptcy proceeding in Spain between 2010 and 2015, according to the type of procedure (in days). Statista. Statista Inc.. Accessed: August 31, 2024. https://www.statista.com/statistics/775576/weather-in-approve-a-agreement-in-competition-from-creditors-by-process-spain/
INE (Spain). "Annual Evolution of The Average Time to Approve An Agreement from The Beginning of The next Phase in a Bankruptcy Proceeding in Spain between 2010 and 2015, According to The Type of Procedure (in Days)." Statista, Statista Inc., 28 Jun 2016, https://www.statista.com/statistics/775576/weather-in-approve-a-agreement-in-competition-from-creditors-by-process-spain/
INE (Spain), Annual evolution of the average time to approve an agreement from the beginning of the next phase in a bankruptcy proceeding in Spain between 2010 and 2015, according to the type of procedure (in days) Statista, https://www.statista.com/statistics/775576/weather-in-approve-a-agreement-in-competition-from-creditors-by-process-spain/ (last visited August 31, 2024)
Annual evolution of the average time to approve an agreement from the beginning of the next phase in a bankruptcy proceeding in Spain between 2010 and 2015, according to the type of procedure (in days) [Graph], INE (Spain), June 28, 2016. [Online]. Available: https://www.statista.com/statistics/775576/weather-in-approve-a-agreement-in-competition-from-creditors-by-process-spain/
