collateral value of the products they sell may mitigate some of this risk. This paper demonstrates the important role of laws … that support suppliers' rights to reclaim and liquidate collateral. Using a change in the U.S. bankruptcy code that altered …' rights to the liquidation value of collateral results in an increase in the amount and duration of trade credit offered. The …

different types of collateral. We find that securing a loan reduces borrowing costs for firms by 17 basis points. The price …Researchers' attempts to identify the valuation of collateral has been hampered by data limitations. We overcome this … effect varies across different types of collateral, with marketable securities and real estate being the most valuable types …

Despite the modernization of secured transactions law in every common law province in Canada, the insolvency statutes … crucial issue is whether a seller or lessor falls within the definition of a secured creditor in the insolvency statutes … insolvency statutes are premised on the idea that title retention devices were intended to be included and that an extension of …