, secured lenders can quickly effectuate asset sales. While this strategy minimizes the time taken to realize cash recoveries … uncompleted property had trouble either maintaining the development in the aftermath or selling the property after purchasing it … through a credit bid – further evidence that a mix of secured lender control and preference for quick asset sales might not …

were dismissed or converted to Chapter 7, culminating in foreclosure or liquidation sales. In the sample, 72.5% of the … the standard theory of creditor behavior in bankruptcy is incomplete without consideration of the economic cycle or …

call this transaction a “bankruptcy process sale.” We model two situations where process sales raise bankruptcy policy … conflict over process sales, and our analysis offers evidence consistent with the predictions of the model …

seek to preserve financial stability and ensure continuity of critical functions. The same cannot be said of insolvency …, insolvency law has largely remained microprudential and reactive.Admittedly, unlike bank failures, corporate insolvencies usually … trigger contagion and cause disruptive consequences. Insofar as insolvency of SNFEs raises concerns common to bank failures …

. These key policy levers—bridge financing and forbearance—are available in theory to small businesses in Chapter 11 …

: the length of time it takes to resolve the insolvency process and whether the owners were involved in the running of the …