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This review considers two recently published texts, Company Directors' Responsibilities to Creditors by Andrew Keay, hereafter identified as Keay's text, and Directors' Duties During Insolvency by Allens Arthur Robinson, hereafter identified as Allens' text. Where possible comparisons are drawn...
Persistent link: https://www.econbiz.de/10013082715
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Entrepreneurship as Practice: An Overview -- An Entrepreneurship as Practice Framing of Entrepreneurial Learning and the Entrepreneurial Process -- Entrepreneurial Self-identity, Social Ties and Self-efficacy Affecting Persuasion Ability -- Returnee Entrepreneurship in China: The Multi-faced...
Persistent link: https://www.econbiz.de/10013365064
Auto lenders were perhaps the biggest winners of the 2005 Bankruptcy Reform. Cars depreciate quickly, so borrowers … to the market value of the car through a "cramdown" in Chapter 13 bankruptcy. The Reform prohibited cramdowns during the … eliminating cramdowns affected only one of the two types of consumer bankruptcy: Chapter 13. They exploit persistent historical …
Persistent link: https://www.econbiz.de/10011547738
employees, we analyze plant-level employment patterns before bankruptcy, plant closure without bankruptcy, and mass layoff … bankruptcy. Our analysis of worker flows underlines that bankruptcies seem to struggle for survival while closures follow a … largest for closures without bankruptcy. …
Persistent link: https://www.econbiz.de/10011523595
way that the firms and the territories behave mainly in case of bad economic performance and even bankruptcy. Within this …
Persistent link: https://www.econbiz.de/10011529511
Limited liability may result in inefficient accident prevention, because a relevant portion of the expected harm is externalized on victims. This paper shows that under some restrictive conditions further limiting liability by means of a liability cap can improve caretaking.
Persistent link: https://www.econbiz.de/10011349185
The restructuring of a bankrupt company often entails the sale of such company. This paper suggests a way to sell the company that maximizes the creditors' proceeds. The key to this proposal is the option left to the creditors to retain a fraction of the shares of the company. Indeed, by...
Persistent link: https://www.econbiz.de/10009781568
increased worker flows. These patterns point to an intended and controlled shrinking strategy for closures without bankruptcy …
Persistent link: https://www.econbiz.de/10011978249