Author: David T. StanleyPublisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 298
Book Description
Bankruptcy: Problem, Process, Reform
Author: David T. StanleyPublisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 298
Book Description
Bankruptcy
Author: David T. StanleyBankruptcy Reform
Author: United States. Congress. Senate. Committee on the JudiciaryPublisher:
ISBN:
Category : Law
Languages : en
Pages : 272
Book Description
Judicial Reorganization
Author: Carroll SeronThe Business Bankruptcy Reform Act
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Administrative Oversight and the CourtsPublisher:
ISBN:
Category : Law
Languages : en
Pages : 298
Book Description
Report of the Commission on the Bankruptcy Laws of the United States: Report of the Commission ... pt.3. Some considerations concerning bankruptcy reform, by Selwyn Enzer
Author: Commission on the Bankruptcy Laws of the United StatesPublisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 342
Book Description
Making Failure Feasible
Author: Thomas H. JacksonPublisher: Hoover Press
ISBN: 0817918868
Category : Political Science
Languages : en
Pages : 267
Book Description
In 2012, building off work first published in 2010, the Resolution Project proposed that a new Chapter 14 be added to the Bankruptcy Code, exclusively designed to deal with the reorganization or liquidation of the nation's large financial institutions. In Making Failure Feasible, the contributors expand on their proposal to improve the prospect that our largest financial institutions—particularly with prebankruptcy planning—could be successfully reorganized or liquidated pursuant to the rule of law and, in doing so, both make resolution planning pursuant to Title I of Dodd-Frank more fruitful and make reliance on administrative proceedings pursuant to Title II of Dodd-Frank largely unnecessary. This book highlights the problems of dealing with large financial institutions in distress, and Chapter 14's responses to those twin issues. The contributors first outline the basic features of Chapter 14 and point to their continuation as well as additional features to ensure the quick resolution of large financial institutions that would not depend on government discretion and would mesh with emerging ideas about cross-border resolution. The remaining chapters provide the context for reform and show how Chapter 14, as envisioned in this book, would be a substantial advance on administrative-focused resolution procedures.
The Consumer Bankruptcy Reform Act
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Administrative Oversight and the CourtsPublisher:
ISBN:
Category : Law
Languages : en
Pages : 248
Book Description
Could Bankruptcy Reform Help Preserve Small Business Jobs?
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Administrative Oversight and the CourtsPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 152
Book Description
The Economics of Bankruptcy Reform
Author: Philippe AghionPublisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 78
Book Description
We propose a new bankruptcy procedure. Initially, a firm's debts are cancelled, and cash and non-cash bids are solicited for the 'new" (all-equity) firm. Former claimants are given shares, or options to buy shares, in the new firm on the basis of absolute priority. Options are exercised once the bids are in. Finally, a shareholder vote is taken to select one of the bids. In essence, our procedure is a variant on the U.S. Chapter 7, in which non-cash bids are possible; this allows for reorganization. We believe our scheme is superior to Chapter 11 since it is simpler, quicker, market-based, avoids conflicts, and places appropriate discipline on management.