Directors\u27 Duties in Failing Firms [PDF]
Despite many cases with seemingly contrary dicta, corporate directors of failing firms do not have special duties to creditors. This follows from the nature of fiduciary duties and the business judgment rule.
Alces, Kelli A., Ribstein, Larry E.
core +2 more sources
ABSTRACT We study the target return strategy (TRS), which exits the market once the return reaches a preset target. We show that the holding‐period return (HPR) cannot mean‐variance dominate TRS, but TRS can mean‐variance dominate HPR. We theoretically analyze TRS and quantitatively illustrate that training targets by a mean‐variance utility ...
Ying Xue, Zheng Wen, Xu Jiang
wiley +1 more source
How Canadian seniors make decision about insolvency? [PDF]
Amine S, Predelus W.
europepmc +1 more source
Insolvency: The Regular Payment of Debts. The Law Reform Commission of Australia. [Report No. 6, Australian Government Publishing Service, Canberra. 1977. 156 pp. No price given.]: Handbook on Bankruptcy and Deeds of Arrangement Law and Practice, being a third edition of Ivan Cruchley's Handbook on Bankruptcy Law and Practice. By Michael Crystal and Brinsley Nicholson. [London: Oyez Publishing. 1978. xli + 268 pp. £15·00.] [PDF]
John Farrar
openalex +1 more source
Social Security: What Would Happen If the Trust Funds Ran Out? [PDF]
The Social Security trust funds are projected to become exhausted in 2033, according to the 2013 Social Security Trustees Report. If Congress does not act before then, the trust funds would be unable to pay full Social Security benefits on time.
Scott, Christine
core +2 more sources
Moderate Structural Exploitation
ABSTRACT We consider the apparent inability of theories of exploitation to capture common intuitions about structural exploitation. For example, it seems that consumers participate in the exploitation of sweatshop workers, but there is no direct transaction between the parties. This poses a problem for transactional accounts of exploitation.
Benjamin Ferguson+1 more
wiley +1 more source
EU INSOLVENCY LAW - NEW RECAST REGULATION ON INSOLVENCY PROCEEDINGS
Intensive process of Europeanization and the creation of internal market significantly changed European business landscape. More and more European companies are spreading their businesses across Europe what consequently raised considerable number of issues to address, such as, law applicable to corporate activities, creditor’s rights, etc.
openaire +2 more sources
What are your legal remedies? Collecting on Claims against Insolvent Insurers [PDF]
John Gavin
openalex +1 more source
See5 Algorithm versus Discriminant Analysis. An Application to the Prediction of Insolvency in Spanish Non-life Insurance Companies [PDF]
Prediction of insurance companies insolvency has arised as an important problem in the field of financial research, due to the necessity of protecting the general public whilst minimizing the costs associated to this problem.
José Fernández Menéndez+2 more
core
Abstract This article examines the role of ordoliberal ideas in the Economic and Monetary Union (EMU) reforms adopted during the Euro crisis. Drawing on discursive institutionalism and morphological analysis, the study employs process‐tracing and discourse analysis to reconstruct the reform process.
Federico Bruno
wiley +1 more source