example, places where bankruptcy resolution is more difficult and/or takes longer) see a greater dependence on "stable" real …

effect of bankruptcy and foreclosure laws on fluctuations in TFP through their effect on credit market frictions …

The lenders that fund Chapter 11 reorganizations exert significant influence over the bankruptcy process through the … process. When managers sell control over the bankruptcy case to a subset of the creditors in exchange for compensation, we … call this transaction a “bankruptcy process sale.” We model two situations where process sales raise bankruptcy policy …

When contemplating Chapter 11, firms often need to seek financing for their continuing operations in bankruptcy …. Because such financing would otherwise be hard to find, the Bankruptcy Code authorizes debtors to offer sweeteners to debtor … important implications for bankruptcy policymakers and judges struggling to evaluate whether extraordinary DIP lending …

example, places where bankruptcy resolution is more difficult and/or takes longer) see a greater dependence on “stable” real …