Ex-post and Examinership: Difference between pages

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imported>Doug Williamson
(Link with US Chapter 11 procedure.)
 
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Historical.
''Irish insolvency law''.


A procedure in Irish law, similar to the [[administration]] process in UK law.


:"Historical simulation is conceptually the simplest alternative method to the delta-normal.  There is no assumption about how markets operate. 


:For any given portfolio held today, you calculate repeatedly its hypothetical value change as if it had been held for a one day period in the past, using the relevant market price changes and other market rate changes for each successive day.
Its purpose - in relation to a company in financial difficulties - is to secure either:


:At each step, you do a full valuation and calculate the ex-post or historical value changes over one day."
*Survival as a going concern, or, failing that
 
*A more advantageous realisation of the assets than would be possible under other arrangements.
:''Historical simulation method - the Treasurer's Wiki''




== See also ==
== See also ==
* [[Ex-ante]]
* [[Administration]]
* [[Historical simulation method]]
* [[Chapter 11]]
 
* [[Liquidation]]
[[Category:The_business_context]]
* [[Receivership]]
* [[Insolvency]]

Revision as of 07:13, 28 November 2017

Irish insolvency law.

A procedure in Irish law, similar to the administration process in UK law.


Its purpose - in relation to a company in financial difficulties - is to secure either:

  • Survival as a going concern, or, failing that
  • A more advantageous realisation of the assets than would be possible under other arrangements.


See also