Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10001317988
Persistent link: https://www.econbiz.de/10003881612
Persistent link: https://www.econbiz.de/10001604765
Persistent link: https://www.econbiz.de/10001436716
Most bankruptcy procedures try to reorganize a financially-distressed firm's debts to a serviceable level through negotiations overseen by courts. Markets are an alternative to such negotiations. This paper develops a market-based approach that is appropriate if claimants are severely...
Persistent link: https://www.econbiz.de/10012562668