assets from the debtor in a way that would not be possible in a “normal” bankruptcy case. In particular, we examine how a … we see in both the United States and Canada - might allow the debtor's management to work with secured lenders to extract … quick sale can be used to cleanse assets of their association with environmental claims. We also consider how the insolvency …

has been made, the bankruptcy system is an effective way to implement such a decision. Further, using the bankruptcy … system to effect government funding of a failing industry does not distort the bankruptcy system …

interaction of the same. For example, under current law, a large hedge fund would be “resolved” under chapter 11 of the Bankruptcy …

Among the collective wisdom about large corporate bankruptcy cases, the following points are almost undisputed: Longer …

slightly less, on average, than the debtor's bankruptcy attorneys. I also model the costs of financial advisors and find that … debtor's counsel might have handled the bulk of the reorganization, the debtor now routinely retains specialized … financial advisors, as they often earn transaction fees based on either the sale or reorganization of the debtor. This short …

debtor or to make leveraged bets on a particular firm's creditworthiness, threatens to complicate the resolution of distress … possible ways in which they may be addressed. Using reorganization under chapter 11 bankruptcy to demarcate our discussion into … a set of pre-bankruptcy and post-bankruptcy issues, we review the legal and finance thinking on this issue …

also other features like the ability to provide post-bankruptcy liquidity to the debtor and delays on termination of …-essential, i.e. absolute priority rule, reorganization plan rules, debtor-in-possession rules, creditor committees, statutory …In this paper our goal is to identify the core of corporate bankruptcy law that parties cannot achieve on their own, no …