Abstract
Confidentiality and privilege have long been essential to the legal and
accounting professions but the need to protect the private data of individuals and
corporations is increasingly important in a world of expanding data collection
and monetisation. Access to data is essential for parties to an insolvency
proceeding to make informed decisions and combat problems of information
asymmetry. However, the disclosure of some information can harm companies
and individuals, creating a tension between confidentiality and disclosure.
accounting professions but the need to protect the private data of individuals and
corporations is increasingly important in a world of expanding data collection
and monetisation. Access to data is essential for parties to an insolvency
proceeding to make informed decisions and combat problems of information
asymmetry. However, the disclosure of some information can harm companies
and individuals, creating a tension between confidentiality and disclosure.
Original language | English |
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Pages (from-to) | 417-419 |
Number of pages | 3 |
Journal | Banking and Finance Law Review |
Volume | 40 |
Issue number | 2 |
Publication status | Published - 2024 |