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On the investment implications of bankruptcy laws [PDF]

open access: possibleGames and Economic Behavior, 2013
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Kıbrıs, Özgür, Kıbrıs, Arzu
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Bankruptcy Law for Productivity

SSRN Electronic Journal, 2001
The 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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The Law of Bankruptcy and Security Interests

1999
The laws governing bankruptcy and composition proceedings in Germany are currently in the process of being significantly revamped. In all probability, both the Bankruptcy Act in effect in the states of the former West Germany as well as the enforcement and execution laws applicable in the new states of Germany (former East Germany) shall be replaced on
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Bankruptcy Law

Abstract This chapter considers the tensions between environmental law and decarbonisation that arise when firms file for bankruptcy. Past environmental claimants typically prefer reorganisation that will maximise their recoveries. Decarbonisation, by contrast, is often better served by liquidation.
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Indirect bankruptcy costs and bankruptcy law

2013
We 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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The Law of Bankruptcy

Columbia Law Review, 1899
R. D. B., Edwin C. Brandenburg
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Bankruptcy Law

2011
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Russian bankruptcy law in practice and its impact on the 1998 bankruptcy law

2009
This 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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