Results 261 to 270 of about 208,198 (304)
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Direct Costs in Chapter 11 Bankruptcies
SSRN Electronic Journal, 1998This paper makes the first attempt at a comprehensive and general assessment of chapter 11 costs. The findings are based on a random sample of 118 case files from six federal judicial districts. The data was collected by hand through reading of individual files. We find that chapter 11 costs appear to be of a relatively low magnitude.
Robert M. Lawless, Stephen P. Ferris
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Bankruptcy Costs of Brazilian Bankruptcy Law Compared to International Studies
SSRN Electronic Journal, 2016This study aims to investigate which are the costs involved in bankruptcy and reorganization procedures conducted under Brazilian bankruptcy law, as compared to other studies identified. Such analysis will be made through the identification, classification and measurement of direct and indirect costs to the parties of these proceedings (debtor ...
Fernanda Karoliny Jupetipe +1 more
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Bankruptcy Costs Under Chapter 12
1992Chapter 12 bankruptcy, Adjustment of Debts of a Family Farmer With Regular Annual Income, will expire on October 1, 1993, unless Congress intervenes. Chapter 12 imposes certain economic costs, referred to as bankruptcy costs and considered deadweight losses to the economy.
Collender, Robert N. +1 more
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The Administrative Costs of Corporate Bankruptcy: A Note
The Journal of Finance, 1982IN THIS PAPER WE present evidence on the direct administrative costs of corporate bankruptcy. The investigation is directed toward providing evidence that may be helpful in answering questions about the role of bankruptcy costs as a determinant of corporate capital structures.
Ang, James S +2 more
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Asset-Backed Securities: Costs and Benefits of Bankruptcy Remoteness
SSRN Electronic Journal, 2005This paper focuses on a key property of asset-backed securities (ABS); namely, that ABS are designed to achieve "bankruptcy remoteness"of the securitized assets from the borrowing …rm. This provides lenders with maximal protection from dilution that is not available with other contracts, such as secured debt. ABS can have real eects in allowing …rms to
Kenneth Ayotte, Stav Gaon
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Indirect bankruptcy costs and bankruptcy law
2013We use a simple model to predict how creditor rights in bankruptcy a¤ect the accumulation and magnitude of indirect bankruptcy costs. We empirically identify these e¤ects by using two matched samples of bankrupt firms that provide us with variation in creditor rights.
Sautner, Z., Vladimirov, V.
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Bankruptcy cost and capital structure: the significance of indirect cost
International Journal of Hospitality Management, 1995Abstract The purpose of the paper was to estimate the size of indirect bankruptcy cost for bankrupt restaurant firms and to show its significance to firms in their capital structure decision. Indirect bankruptcy cost estimation was based on expected sales and profits given the firm's performance prior to the onset of sales decline.
Francis A. Kwansa, Min-Ho Cho
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Bankruptcy Costs: Some Evidence
The Journal of Finance, 1977Martin J. Gruber, Jerold B. Warner
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Bankruptcy Costs and the Theory of Oligopoly
The Canadian Journal of Economics, 1988This paper examines the relationship between financial decisions and output decisions in oligopolistic markets. Assuming a duopoly market structure in which financial decisions and output decisions follow in sequence, the authors analyze how bankrupt cy costs, which are incurred when the firm is unable to meet current debt obligations, affect the firm ...
James A. Brander, Tracy R. Lewis
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2005
Our paper explores a comprehensive sample of small and large corporate bankruptcies in Arizona and New York from 1995-2001. We find that bankruptcy costs are very heterogeneous and sensitive to measurement method. Still, Chapter 7 liquidations appear no faster or cheaper (in terms of direct expense) than Chapter 11 bankruptcies. But Chapter 11 seems to
Arturo Bris, Ivo Welch, Ning Zhu
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Our paper explores a comprehensive sample of small and large corporate bankruptcies in Arizona and New York from 1995-2001. We find that bankruptcy costs are very heterogeneous and sensitive to measurement method. Still, Chapter 7 liquidations appear no faster or cheaper (in terms of direct expense) than Chapter 11 bankruptcies. But Chapter 11 seems to
Arturo Bris, Ivo Welch, Ning Zhu
openaire +1 more source