DOUBLE DIPPING PROHIBITION IN THE MODERN BANKRUPTCY ERA: A COMPARATIVE REVIEW OF INDONESIA WITH BANKRUPTCY LAWS IN SOUTHEAST ASIA AND EUROPE

Abstract

Billing double or double dipping in context bankruptcy corporation become an increasingly pressing issue relevant in various countries, including Indonesia. Practice This happen when a creditors submit the same claim against two different entities in bankruptcy proceedings, which can harm other creditors and influence distribution fair assets. Although in developed countries like Europe and the United States arrangement about prohibition billing double Already exist and are regulated with strict, Indonesia and several countries in Southeast Asia have not own explicit regulations arrange matter this. In law Indonesian bankruptcy, although No There is provision directly prohibiting practice these are the principles like pari passu and parity creditorium try guard justice and equality between creditors. Research This aim For analyze prohibition billing double in system law bankruptcy in Indonesia with review comparative towards countries in Southeast Asia, Europe, and the United States. Research it also discusses ambiguity existing regulations in Indonesia, as well as give recommendation For repair system Indonesian law to prevent practice detrimental double dipping other creditors and disrupt principle justice in distribution treasure bankrupt. It is hoped that research This can give outlook For create system law more bankruptcy transparent, fair and just in Indonesia.