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 …, using a large sample of decisions of French commercial courts concerning the future of bankrupt firms (reorganization, sale …

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 …, using a large sample of decisions of French commercial courts concerning the future of bankrupt firms (reorganization, sale …

liquidation and reorganization during economic transformation. The reforms of the financial system and other important factors in … economic transformation influence the impact of bankruptcy regulation in a way distorting it towards liquidation. …This paper looks at simple decision rules in bankruptcy procedures. It describes special issues of enterprise …

to measure the costs and recovery rates in the Dutch liquidation-based bankruptcy system, and to investigate the …We present evidence on the efficiency of the resolution of financial distress in bankruptcy in The Netherlands. We … firms before and in the bankruptcy procedures, the details of the bankruptcy process and the outcomes. This data allows us …

different impacts on the bankruptcy reorganization process. Accordingly, the Article challenges the claim of Professors Douglas …The creation of a market in bankruptcy claims is the single most important development in the bankruptcy world since … the Bankruptcy Code’s enactment in 1978. Claims trading has revolutionized bankruptcy by making it a much more market …