Capitolo

Bankruptcy procedures in sixteenth century Seville, with special reference to the Espinosa and Morga bank failures in the 1570s

  • Mark Steele

Economists and lawyers have considered the efficiency of bankruptcy procedures, but given little serious attention to historical examples. Conceptual difficulties also arise in distinguishing «bankruptcy» and «insolvency» as overlapping, but not interchangeable, categories. Bankruptcy statistics provide a useful indication of economic conjunctures. A hike in Sevillian bankruptcies Seville during 1566-1577 shows the effects of government interventions in the Seville money market including the decreto suspending payments on the Castilian floating debt of 1575; this paper details the crisis through the correspondence of local merchants observing these events, focussing on the collapse of Seville’s two licensed deposit-banks in 1576.

  • Keywords:
  • Seville,
  • deposit banks,
  • bankruptcies,
  • Pedro de Morga,
  • 1575 decreto,
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Mark Steele

Hadlow Historical Society, United Kingdom

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  • Anno di pubblicazione: 2026
  • Pagine: 249-264

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  • Anno di pubblicazione: 2026

Informazioni sul capitolo

Titolo del capitolo

Bankruptcy procedures in sixteenth century Seville, with special reference to the Espinosa and Morga bank failures in the 1570s

Autori

Mark Steele

Lingua

Inglese

DOI

10.36253/979-12-215-0963-2.18

Opera sottoposta a peer review

Anno di pubblicazione

2026

Copyright

© 2026 Author(s)

Licenza d'uso

CC BY 4.0

Licenza dei metadati

CC0 1.0

Informazioni bibliografiche

Titolo del libro

Gestione del rischio, insolvenza e bancarotta nel mondo premoderno (secc. XIII-XVIII) / Risk management, insolvency, and bankruptcy in the pre-modern world (13th-18th centuries)

Curatori

Angela Orlandi

Opera sottoposta a peer review

Numero di pagine

568

Anno di pubblicazione

2026

Copyright

© 2026 Author(s)

Licenza d'uso

CC BY 4.0

Licenza dei metadati

CC0 1.0

Editore

Firenze University Press

DOI

10.36253/979-12-215-0963-2

ISBN Print

979-12-215-0962-5

eISBN (pdf)

979-12-215-0963-2

eISBN (xml)

979-12-215-0964-9

Collana

Datini Studies in Economic History

ISSN della collana

2975-1241

e-ISSN della collana

2975-1195

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