as a going concern or liquidation). Addressing this dilemma, we discuss the determinants of bankruptcy courts’ selection … which bankruptcy courts have to combine both social efficiency (maintaining employment) and ex post financial efficiency … employment by facilitating continuation and reducing the domino effects of bankruptcy. (2) the courts’ choice between rival …

as a going concern or liquidation). Addressing this dilemma, we discuss the determinants of bankruptcy courts’ selection … which bankruptcy courts have to combine both social efficiency (maintaining employment) and ex post financial efficiency … employment by facilitating continuation and reducing the domino effects of bankruptcy. (2) the courts’ choice between rival …

We explore in the French personal bankruptcy process the ways that judges perform with the possibility to discharge all … the personal debts in exchange of liquidation of their assets. In particular, we give some empirical results on the … prime interest to better understand how French personal bankruptcy laws perform in comparison to other national bankruptcy …