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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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Russian bankruptcy law in practice and its impact on the 1998 bankruptcy law
2009This chapter examines the extent to which the novelties contained in the 1998 Bankruptcy Law were caused by shortcomings of the 1992 Bankruptcy Law. It provides a short survey of the 1998 Bankruptcy Law. When examining court cases under the 1992 Bankruptcy Law, it becomes evident that the 1992 Law had many gaps and inconsistencies that needed to be ...
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Bankruptcy Law for Productivity
2001The accepted economic function of bankruptcy law is that it resolves collective action problems between self-interested creditors. This article argues that this collective-action-resolving function is only one of a multitude of expressions of an overarching economic motivation of bankruptcy law.
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Bankruptcy law and angel investors around the world
Journal of International Business Studies, 2023Douglas Cumming, Minjie Zhang
exaly
Bankruptcy Law's Knowns and Unknowns
Annual Review of Law and Social Science, 2023Jared A Ellias
exaly