contract renegotiation is a powerful tool for incentive provision, despite the stationarity of the environment. Continuation …

effect of renegotiation costs on initial contract terms. TD9599 materially reduced the tax burden of renegotiating U … setting, we examine the implications of incomplete contracting theory for debt contract design. Consistent with incomplete …

This Article studies the growing use of contract in bankruptcy. Sophisticated “distress” investors (for example, hedge … them.This Article develops a “relational” framework to explore this shift toward contract in bankruptcy. Relationalism …. Contract may be a better vehicle for institutional adjustment than Congress — if it is perceived as legitimate. A relationalist …