Narrow search
Showing 1 - 10 of 421,393
Cover Image
Race and Bankruptcy : Explaining Racial Disparities in Consumer Bankruptcy
Morrison, Edward R. - 2019
African American bankruptcy filers are more likely to select Chapter 13 than other debtors, who opt instead for Chapter 7, which has higher success rates and lower attorney fees. Prior scholarship blames racial discrimination by bankruptcy attorneys. We present an alternative explanation:...
Persistent link: https://www.econbiz.de/10012899824
Cover Image
Corporate Insolvency and Self-Help in Six Asian Legal Systems
Tomasic, Roman - 2010
dealing with corporate debt or corporate insolvency have also been introduced or modernised. A seeming paradox is presented by … this apparent commitment to the rule of law as is evident from the pattern of low usage of insolvency laws as well as … concerted attempts by corporate debtors and their creditors to resolve insolvency problems without resort to the formal legal …
Persistent link: https://www.econbiz.de/10013151922
Cover Image
Bankruptcy Process for Sale
Ayotte, Kenneth - 2020
The lenders that fund Chapter 11 reorganizations exert significant influence over the bankruptcy process through the contract associated with the debtor-in-possession (“DIP”) loan. In this Article, we study a large sample of DIP loan contracts and document a trend: over the past three...
Persistent link: https://www.econbiz.de/10012832939
Cover Image
The Failure of Liability in Modern Markets
Yadav, Yesha - 2016
This Article argues that the liability framework governing securities trading is unable to effectively deter and compensate harms in algorithmic markets. Theory underscores the significance of robust laws to safeguard information flows and the trading process. Without this assurance, investors...
Persistent link: https://www.econbiz.de/10013003832
Cover Image
Bankruptcy Hardball
Ellias, Jared A. - 2020
On the eve of the financial crisis, a series of Delaware court decisions added up to a radical change in law: Creditors would no longer have the kind of common law protections from opportunism that helped protect their bargain for the better part of two centuries. In this Article, we argue that...
Persistent link: https://www.econbiz.de/10012850885
Cover Image
The Determinants of Professional Fees in Large Bankruptcy Reorganization Cases
LoPucki, Lynn M.; Doherty, Joseph W. - 2004
This article presents the findings of an empirical study of professional fee and expense awards by United States Bankruptcy Courts in 48 large public company bankruptcy cases concluded from 1998 through the first half of 2002. Data was gathered from fee applications and orders in the courts...
Persistent link: https://www.econbiz.de/10014078419
Cover Image
Employee Bankruptcy Trauma
Ellias, Jared A. - 2023
Bankruptcy filings are thought to be traumatic events that demoralize workers and spark employee flight. Using social media data, I present evidence suggesting that this belief is both accurate and, to a large extent, overstated. Online employee reviews show that employees of distressed firms...
Persistent link: https://www.econbiz.de/10014352505
Cover Image
The Costs of Chapter 11 in Context : American and Dutch Business Bankruptcy
Couwenberg, Oscar - 2013
In this paper we adopt a new approach to the issue and contextualize the cost of chapter 11 by comparison to the costs of business bankruptcy in the Netherlands. Using unique data-sets that each author has developed in connection with other projects, we match a group of comparable cases from...
Persistent link: https://www.econbiz.de/10013095560
Cover Image
Delaware Corporate Law and the 'End of History' in Creditor Protection
Ellias, Jared A. - 2020
a high point in the early 2000s as judges flirted with recognizing a “deepening insolvency” tort cause of action …
Persistent link: https://www.econbiz.de/10012826141