Bond, Philip (contributor); Eraslan, Hülya (contributor) - 2005 - Rev.
.S. law stipulates unanimous agreement outside bankruptcy, but
allows for a supermajority vote in Chapter 11 bankruptcy. We … place in a highlystructured way. For example,
in U.S. style Chapter 11 proceedings, a debtor proposes a reorganization plan … Chapter 11 bankruptcy a majority rule is
in effect. Our results suggest that this combination may be quite effective …