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bankruptcy filing – about twice as many as any single year in the last 25 years, involving twice as much in dollar amount than in … all companies completing distressed exchanges prior to 2008 ultimately filing for bankruptcy …
Persistent link: https://www.econbiz.de/10013116813
law. Debt agreements were introduced into Australian personal insolvency law in 1996 as an alternative to bankruptcy. This … alternative to bankruptcy …
Persistent link: https://www.econbiz.de/10013119696
highly sceptical about the value of debt agreements, or ‘Part IX' agreements. By contrast, they generally saw bankruptcy as a … regarding the long term impact of bankruptcy upon severely disadvantaged debtors. Several expressed the view that bankruptcy … disadvantages, such as mental illness. Instead, for people in this situation, bankruptcy offers little more than a temporary …
Persistent link: https://www.econbiz.de/10013015442
bankruptcy prediction models to a new application: the assessment of the health of industrial companies as they emerge from the … Chapter 11 bankruptcy process, including the probability that the companies will have to file for bankruptcy again - the so … of the bankruptcy reorganization plan …
Persistent link: https://www.econbiz.de/10013156532
Institutions. An internationally recognized expert on corporate bankruptcy, high yield bonds, distressed debt, and credit risk … foreign central banks. His primary areas of research include bankruptcy analysis and prediction, credit and lending policies …
Persistent link: https://www.econbiz.de/10012843583
This article compares reforms to directors' liability for insolvent trading in Singapore and in Australia. The authors analyse the law in these two countries because they are important Asia-Pacific trading partners and their laws were originally largely the same – Singapore's law on insolvent...
Persistent link: https://www.econbiz.de/10012844974
Bankruptcy is widely regarded as a means of rehabilitation for debtors in severe financial hardship. To date, however … demonstrate that, for many Australian debtors, bankruptcy results in genuine improvements to financial stability, health …, relationships and general well-being. At the same time, they suggest that the outcomes of bankruptcy can vary significantly …
Persistent link: https://www.econbiz.de/10012955926
This paper examines recent trends in Australian personal bankruptcy by analysing a large data set obtained from the … regulator, the Australian Financial Security Authority. It demonstrates a marked decline in Australian bankruptcy rates, since a … to consumer spending. These findings represent a significant contribution to Australian empirical bankruptcy research …
Persistent link: https://www.econbiz.de/10012959759
This study is the first empirically based analysis of business bankruptcy to be conducted in Australia. It aims to … identify key differences between debtors who declare business bankruptcy and those who declare non-business or “personal …” bankruptcy, and to explore the extent to which there might be a “hidden” population of business debtors among those formally …
Persistent link: https://www.econbiz.de/10012906914
We have often observed, e.g. Altman, Hotchkiss (2006), that the market for investing in distressed securities, (the so-called “vulture” markets), had captured the interest of increasing numbers of investors and analysts. These investors, sometimes categorized as “alternative asset”...
Persistent link: https://www.econbiz.de/10012910957