theories that predict that asset protection in bankruptcy leads to a redistribution of credit …

Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a „pre-bankruptcy settlement“ (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …

Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …

Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …

Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …

This Article argues that the liability framework governing securities trading is unable to effectively deter and …, benchmarking compliance using the three familiar standards grounding liability: (i) intent; (ii) negligence; and (iii) strict … liability. This Article shows that this framework is ineffective in markets that rely on algorithms – or pre …

that firms eliminate unproductive protection mechanisms previously set in place to contract around costly bankruptcy … secured creditor rights. This result suggests that a uniform bankruptcy infrastructure that balances positive and negative … effects of secured creditor rights is unsuited to be the optimal solution. Our finding rather points to a menu of bankruptcy …

report that listed SMEs enjoy a lower likelihood of financial distress and bankruptcy than their unlisted counterparts … unlisted SMEs due to changes in financial ratios. Due to the extremely low number of legal bankruptcy events, our hypothesis … finds weak support when bankruptcy is used as the dependent variable in the regression analysis. Broadly, our findings …