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Bankruptcy Proceedings for Sovereign State Insolvency and their Effect on Capital Flows [PDF]

open access: yes
The paper examines the main issues involved in translating domestic bankruptcy procedures to the sovereign context. It considers some of the principles by which domestic bankruptcy procedures operate, and the extent to which they apply to international ...
Jonathan Thomas
core  

"Conflicts of Interest in Japanese Insolvencies: The Problem of Bank Rescues" [PDF]

open access: yes
Economists and legal scholars routinely posit an implicit contract between Japanese firms and their principal lender (called their "main bank"). Under this arrangement, the bank implicitly agrees to rescue the firm (through financial and managerial help)
J. Mark Ramseyer, Yoshiro Miwa
core  

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