DERECHO DE LA INSOLVENCIA

    RECESSIONAS A FACTOR IN BUSINESS INSOLVENCY   The second threat is recession, whichrepresents the decline that occurs when productive capacities are not fully utilized, either because foreign orders are falling, demand for goods and services in the domestic market is falling, or both. [1] Several countries are facing this scenario today, including Germany, not only because the high energy prices caused by the war in Ukraine absorb much of people's purchasing power, but consumers   themselves   are running out of money as a result of inflation, which causes a change in consumption habits.   An example may better represent the difficulties faced.   Tobias Plaz no longer knows how he can continue to run his bakery business profitably in Germany. At the end of August he received a letter from his gas supplier. Instead of paying just under ten cents per kilowatt hour of gas, you now have to pay just under 35 cents. The company alone uses about 80,000 kilowatt hours of gas

     THREATS TO BUSINESS INSOLVENCY     IN TIMES OF OVERLAPPING CRISES [a] This paper will address what are considered threats to business insolvency in times of overlapping crises.     Debt crisis, recession and deflation in a global stage of financial thrombosis   represent a   multidirectional challenge unprecedented in history for all economic agents.     Over-indebted states, widespread loss of economic activity, food and energy crises and   inflation that distorts not only economic   variables but also habits of producers and consumers, point to a change in the social cycle that       It increases the vulnerabilities of companies and exposes them   to various risks.                  Risk is the probability of a security incident occurring, materializing a threat and causing losses that, if not contained, lead to the disappearance of the company. On the other hand, a threat is any action that takes advantage of a vulnerability to threaten the security of a system [i] or st