Author: Douglas G. Baird
Publisher: Cambridge University Press
ISBN: 1316512290
Category : Law
Languages : en
Pages : 203
Book Description
Reveals the unwritten and hitherto inaccessible principles that govern the restructuring of large corporations in Chapter 11.
The Unwritten Law of Corporate Reorganizations
Author: Douglas G. Baird
Publisher: Cambridge University Press
ISBN: 1316512290
Category : Law
Languages : en
Pages : 203
Book Description
Reveals the unwritten and hitherto inaccessible principles that govern the restructuring of large corporations in Chapter 11.
Publisher: Cambridge University Press
ISBN: 1316512290
Category : Law
Languages : en
Pages : 203
Book Description
Reveals the unwritten and hitherto inaccessible principles that govern the restructuring of large corporations in Chapter 11.
The Unwritten Law of Corporate Reorganizations
Author: Douglas G. Baird
Publisher: Cambridge University Press
ISBN: 1009076973
Category : Law
Languages : en
Pages : 203
Book Description
The law of corporate reorganizations controls the fate of enterprises worth billions of dollars and has reshaped entire sectors of the economy, yet its inner workings largely remain a mystery. Judges must police a small and closed fraternity of professionals as they sit down at a conference table and forge a new future for a distressed business, but little appears to tell judges how they are to do this. Judges, however, are in fact bound by a coherent set of unwritten principles that derive from a statute Parliament passed in 1571. These principles are not simply norms or customary practices. They have hard edges, judges must enforce them, and parties are bound by them as they are by any other law. This book traces the evolution of these unwritten principles and makes accessible a legal world that has long been closed off to outsiders.
Publisher: Cambridge University Press
ISBN: 1009076973
Category : Law
Languages : en
Pages : 203
Book Description
The law of corporate reorganizations controls the fate of enterprises worth billions of dollars and has reshaped entire sectors of the economy, yet its inner workings largely remain a mystery. Judges must police a small and closed fraternity of professionals as they sit down at a conference table and forge a new future for a distressed business, but little appears to tell judges how they are to do this. Judges, however, are in fact bound by a coherent set of unwritten principles that derive from a statute Parliament passed in 1571. These principles are not simply norms or customary practices. They have hard edges, judges must enforce them, and parties are bound by them as they are by any other law. This book traces the evolution of these unwritten principles and makes accessible a legal world that has long been closed off to outsiders.
The unwritten requirements of tax-free corporate reorganizations
Author: Kline D. Strong
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages :
Book Description
A Review of the Law of Corporate Reorganizations
Author: Arthur H. Dean
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 64
Book Description
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 64
Book Description
Corporate Reorganization and the Federal Court
Author: James Naumburg Rosenberg
Publisher:
ISBN:
Category : Corporate reorganizations
Languages : en
Pages : 182
Book Description
Publisher:
ISBN:
Category : Corporate reorganizations
Languages : en
Pages : 182
Book Description
Corporate Reorganizations
The Sale Technique in Corporate Reorganizations
Author: Melvin Cohen
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 44
Book Description
Unwritten Rules and the New Contract Paradigm
Author: David A. Skeel
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
Book Description
In a recent essay -- part of a larger book project -- Douglas Baird contends that the standard accounts of the history of corporate reorganization miss an essential feature: the extent to which both current and prior practice have been governed by unwritten rules (such as full disclosure and the opportunity for each party to participate in the negotiations) that “are well-known to insiders, but largely invisible to those on the outside.” According to Professor Baird, the unwritten rules, not bankruptcy's distribution provisions or other features of the Bankruptcy Code, are the essence of corporate reorganization. This essay is a short response to Professor Baird's important and largely compelling claim, written for the same symposium. After briefly describing Professor Baird's central argument about the role of unwritten rules, my essay makes two simple points. First, what's good for bankruptcy insiders is not always good for everyone. William Douglas and other New Deal reformers believed that insiders' temptation to favor their own interests poisoned the entire reorganization enterprise in their era. Although the reformers' complaints were often exaggerated, it is important to recognize the costs of a system run by insiders. Second, the essay argues that bankruptcy's written rules -- by which I mean both statutory provisions and the parties' contracts -- still matter, and they matter a lot.
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
Book Description
In a recent essay -- part of a larger book project -- Douglas Baird contends that the standard accounts of the history of corporate reorganization miss an essential feature: the extent to which both current and prior practice have been governed by unwritten rules (such as full disclosure and the opportunity for each party to participate in the negotiations) that “are well-known to insiders, but largely invisible to those on the outside.” According to Professor Baird, the unwritten rules, not bankruptcy's distribution provisions or other features of the Bankruptcy Code, are the essence of corporate reorganization. This essay is a short response to Professor Baird's important and largely compelling claim, written for the same symposium. After briefly describing Professor Baird's central argument about the role of unwritten rules, my essay makes two simple points. First, what's good for bankruptcy insiders is not always good for everyone. William Douglas and other New Deal reformers believed that insiders' temptation to favor their own interests poisoned the entire reorganization enterprise in their era. Although the reformers' complaints were often exaggerated, it is important to recognize the costs of a system run by insiders. Second, the essay argues that bankruptcy's written rules -- by which I mean both statutory provisions and the parties' contracts -- still matter, and they matter a lot.
The Historical Development of Corporate Reorganization Under United States Bankruptcy Law
Author: Bryan L. Elwood
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 47
Book Description
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 47
Book Description
Corporate Reorganizations: Changes Effected by Chapter X of the Bankruptcy Act
Author: John Gerdes
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 48
Book Description
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 48
Book Description