, American bankruptcy law subsidizes these arrangements relative to other financing channels. By subsidizing them, the rules …, because the superpriorities in the Bankruptcy Code are available only for short-term financing arrangements, they thereby …

Bankruptcy reallocates va ... …

Chrysler entered and exited bankruptcy in 42 days, making it one of the fastest major industrial bankruptcies in memory … that the Chrysler bankruptcy cannot be understood as complying with good bankruptcy practice, that it resurrected …

During the past century, three decision-making systems have arisen to accomplish a bankruptcy restructuring … the Bankruptcy Code today, with all having been in play for more than a century and with each having had its heyday, its … in bankruptcy thinking, by the happenstance of the interests and views of lawyers that designed bankruptcy changes, and …

Recent decades have seen substantial expansion in exemptions from the Bankruptcy Code's normal operation for repurchase … agreements. These repos, which are equivalent to very short-term (often one-day) secured loans, are exempt from core bankruptcy … against eve-of-bankruptcy preferential payment to favored creditors over other creditors. While these exemptions can be …