Normal view MARC view ISBD view

Corporate bankruptcy : economic and legal perspectives / edited by Jagdeep S. Bhandari, Lawrence A. Weiss.

Contributor(s): Bhandari, Jagdeep S | Weiss, Lawrence A. (Lawrence Alan).
Material type: TextTextPublisher: New York : Cambridge University Press, 1996Description: xvii, 559 p. ; 24 cm.ISBN: 9780521457170.Subject(s): Corporate reorganizations -- United States | Bankruptcy -- United StatesDDC classification: 346.73078 | 347.30678 Online resources: Publisher description | Table of contents
Contents:
Pt. I. The Role of Credit: 1. Leverage, Nobel prize lecture (1990) /​ Merton H. Miller 2. Agency costs of free cash flow, corporate finance and takeovers /​ Michael C. Jensen 3. A theory of loan priorities /​ Alan Schwartz Pt. II. Bankruptcy as a Reflection of the Creditors' Implicit Bargain: 4. A world without bankruptcy /​ Douglas G. Baird 5. Bankruptcy, non-bankruptcy entitlements, and the creditors' bargain /​ Thomas H. Jackson 6. Translating assets and liabilities to the bankruptcy forum /​ Thomas H. Jackson 7. Bankruptcy policy /​ Elizabeth Warren 8. Loss distribution, forum shopping, and bankruptcy: a reply to Warren /​ Douglas G. Baird Pt. III. Beyond the Basic Creditors' Bargain: 9. Bargaining after the fall and the contours of the absolute priority rule /​ Douglas G. Baird and Thomas H. Jackson 10. On the nature of bankruptcy: an essay on bankruptcy sharing and the credotors' bargain /​ Thomas Jackson and Robert E. Scott 11. A simple noncooperative bargaining model of corporate reorganizations /​ Douglas Baird and Randal C. Picker 12. Commentary on "On the nature of bankruptcy": bankruptcy, priority and economics /​ Mark J. Roe 13. Bankruptcy and risk allocation /​ Barry E. Adler 14. The corporate bankruptcy decision /​ Michelle J. White 15. Bargaining over equity's share in the bankruptcy reorganization of large, publicly held companies /​ Lynn M. LoPucki and William C. Whitford 16. Bankruptcy resolution: direct costs and violation of priority claims /​ Lawrence A. Weiss 17. The costs of conflict resolution and financial distress: evidence from the Texaco-Pennzoil litigation /​ David Cutler and Lawrence Summers 18. Survey of evidence on business bankruptcy /​ Michelle J. White Pt. IV. Workouts or Bargaining in the Shadow of Bankruptcy: 19. Managing default: some evidence of how firms choose between workouts and Chapter 11 /​ Stuart C. Gibson 20. The economics of pre-packaged bankruptcy /​ John McConnell and Henri Servaes Pt. V. Alternatives to Bankruptcy and the Creditors' Bargain: 21. Corporate control and the politics of finance /​ Michael C. Jensen 22. The uneasy case for corporate reorganizations /​ Douglas G. Baird 23. Bankruptcy and debt: a new model for corporate reorganization /​ Mark J. Roe 24. A new approach to corporate reorganizations /​ Lucian A. Bebchuk 25. Debtor's choice: a menu approach to corporate bankruptcy /​ Robert K. Rasmussen 26. Is corporate bankruptcy efficient? /​ Frank H. Easterbrook 27. The voting prohibition in bond workouts /​ Mark J. Roe 28. Financial and political theories of American corporate bankruptcy /​ Barry E. Adler Pt. VI. Experience of Other Countries: 29. Lessons from comparison of US and UK insolvency codes /​ Julian R. Franks and Walter N. Torous 30. The costs of corporate bankruptcy: a U.S.-European comparision /​ Michelle J. White 31. Should we abolish Chapter 11?: the evidence fro Japan /​ Theodore Eisenberg and Shoichi Tagashira 32. The role of banks in reducing the costs of financial distress in Japan /​ Takeo Hoshi, Anil Kashyap, and David Sharfstein.
Summary: "This collection is the first comprehensive selection of readings focusing on corporate bankruptcy. Its main purpose is to explore the nature and efficiency of corporate reorganization using interdisciplinary approaches drawn from law, economics, business, and finance. Substantive areas covered include the role of credit, directors' implicit bargains, nonbargaining features of bankruptcy, workouts of agreements, alternatives to bankruptcy, and proceedings in countries other than the United States, including the United Kingdom, Europe, and Japan. The editors' introductions guide readers through each of the six parts, comprised of edited versions of papers combined with editorial notes to reduce the time required to absorb key ideas."--BOOK JACKET.
List(s) this item appears in: SLS. Noida- New Arrival Books-15/09/2016 Cambridge University Press
Tags from this library: No tags from this library for this title. Log in to add tags.
Item type Current location Collection Call number Status Date due Barcode
Books Books Symbiosis Law School, Noida

                 

 

Reference 346.73078 BHA.C (Browse shelf) Available SLSN-B-9891

Includes bibliographical references and index.

Pt. I. The Role of Credit: 1. Leverage, Nobel prize lecture (1990) /​ Merton H. Miller
2. Agency costs of free cash flow, corporate finance and takeovers /​ Michael C. Jensen
3. A theory of loan priorities /​ Alan Schwartz
Pt. II. Bankruptcy as a Reflection of the Creditors' Implicit Bargain: 4. A world without bankruptcy /​ Douglas G. Baird
5. Bankruptcy, non-bankruptcy entitlements, and the creditors' bargain /​ Thomas H. Jackson
6. Translating assets and liabilities to the bankruptcy forum /​ Thomas H. Jackson
7. Bankruptcy policy /​ Elizabeth Warren
8. Loss distribution, forum shopping, and bankruptcy: a reply to Warren /​ Douglas G. Baird
Pt. III. Beyond the Basic Creditors' Bargain: 9. Bargaining after the fall and the contours of the absolute priority rule /​ Douglas G. Baird and Thomas H. Jackson
10. On the nature of bankruptcy: an essay on bankruptcy sharing and the credotors' bargain /​ Thomas Jackson and Robert E. Scott
11. A simple noncooperative bargaining model of corporate reorganizations /​ Douglas Baird and Randal C. Picker
12. Commentary on "On the nature of bankruptcy": bankruptcy, priority and economics /​ Mark J. Roe
13. Bankruptcy and risk allocation /​ Barry E. Adler
14. The corporate bankruptcy decision /​ Michelle J. White
15. Bargaining over equity's share in the bankruptcy reorganization of large, publicly held companies /​ Lynn M. LoPucki and William C. Whitford
16. Bankruptcy resolution: direct costs and violation of priority claims /​ Lawrence A. Weiss
17. The costs of conflict resolution and financial distress: evidence from the Texaco-Pennzoil litigation /​ David Cutler and Lawrence Summers
18. Survey of evidence on business bankruptcy /​ Michelle J. White
Pt. IV. Workouts or Bargaining in the Shadow of Bankruptcy: 19. Managing default: some evidence of how firms choose between workouts and Chapter 11 /​ Stuart C. Gibson
20. The economics of pre-packaged bankruptcy /​ John McConnell and Henri Servaes
Pt. V. Alternatives to Bankruptcy and the Creditors' Bargain: 21. Corporate control and the politics of finance /​ Michael C. Jensen
22. The uneasy case for corporate reorganizations /​ Douglas G. Baird
23. Bankruptcy and debt: a new model for corporate reorganization /​ Mark J. Roe
24. A new approach to corporate reorganizations /​ Lucian A. Bebchuk
25. Debtor's choice: a menu approach to corporate bankruptcy /​ Robert K. Rasmussen
26. Is corporate bankruptcy efficient? /​ Frank H. Easterbrook
27. The voting prohibition in bond workouts /​ Mark J. Roe
28. Financial and political theories of American corporate bankruptcy /​ Barry E. Adler
Pt. VI. Experience of Other Countries: 29. Lessons from comparison of US and UK insolvency codes /​ Julian R. Franks and Walter N. Torous
30. The costs of corporate bankruptcy: a U.S.-European comparision /​ Michelle J. White
31. Should we abolish Chapter 11?: the evidence fro Japan /​ Theodore Eisenberg and Shoichi Tagashira
32. The role of banks in reducing the costs of financial distress in Japan /​ Takeo Hoshi, Anil Kashyap, and David Sharfstein.

"This collection is the first comprehensive selection of readings focusing on corporate bankruptcy. Its main purpose is to explore the nature and efficiency of corporate reorganization using interdisciplinary approaches drawn from law, economics, business, and finance. Substantive areas covered include the role of credit, directors' implicit bargains, nonbargaining features of bankruptcy, workouts of agreements, alternatives to bankruptcy, and proceedings in countries other than the United States, including the United Kingdom, Europe, and Japan. The editors' introductions guide readers through each of the six parts, comprised of edited versions of papers combined with editorial notes to reduce the time required to absorb key ideas."--BOOK JACKET.

There are no comments for this item.

Log in to your account to post a comment.


//