Showing 1 - 10 of 21
Our paper offers the first justification for the U.S. bankruptcy code, in which firms are not allowed to commit themselves ex-ante in their lending agreements either to (Chapter 7) liquidation or to (Chapter 11) reorganization in case of distress ex-post. If fire-sale liquidation imposes...
Persistent link: https://www.econbiz.de/10013034519
Persistent link: https://www.econbiz.de/10011641853
Persistent link: https://www.econbiz.de/10001282066
Persistent link: https://www.econbiz.de/10001722151
Persistent link: https://www.econbiz.de/10001219557
Persistent link: https://www.econbiz.de/10001447966
Persistent link: https://www.econbiz.de/10001653198
Persistent link: https://www.econbiz.de/10001141138
Persistent link: https://www.econbiz.de/10003667095
Persistent link: https://www.econbiz.de/10003230555