economics-of-bankruptcy

Download Book Economics Of Bankruptcy in PDF format. You can Read Online Economics Of Bankruptcy here in PDF, EPUB, Mobi or Docx formats.

Corporate Bankruptcy

Author : Jagdeep S. Bhandari
ISBN : 0521457173
Genre : Business & Economics
File Size : 73. 31 MB
Format : PDF, Mobi
Download : 305
Read : 986

Get This Book


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, creditors' implicit bargains, nonbargaining features of bankruptcy, workouts of agreements, alternatives to bankruptcy, and proceedings in countries including the United States, United Kingdom, Europe, and Japan. The Honorable Richard A. Posner, Chief Judge of the U.S. Court of Appeals for the Seventh Circuit, offers a foreword to the collection.

Bankruptcy

Author : Joseph Spooner
ISBN : 9781107166943
Genre : Business & Economics
File Size : 72. 79 MB
Format : PDF
Download : 738
Read : 1190

Get This Book


Excessive household debt has allowed for economic growth, but this model has become increasingly unstable. Spooner examines bankruptcy law as a potential solution.

The Economics Of Corporate Bankruptcy Law

Author : Ansgar Wohlschlegel
ISBN : OCLC:722926772
Genre :
File Size : 27. 69 MB
Format : PDF, Kindle
Download : 533
Read : 1118

Get This Book



Global Insolvency And Bankruptcy Practice For Sustainable Economic Development

Author : Dubai Economic Council
ISBN : 1137561742
Genre : Business & Economics
File Size : 73. 60 MB
Format : PDF, ePub, Docs
Download : 951
Read : 1188

Get This Book


How an economy handles financial and business distress has a major impact on confidence in business, the availability of investment, the cost of credit, and economic growth. The financial crisis of 2007-2008 and its aftermath was a catalyst to legal reform in the field of bankruptcy and restructuring law and brought an added focus to the systemic threat of bank failure to the financial system. This book is a comparative study of international practices in bankruptcy law, providing perspectives from a variety of specialisms including practitioners, lawyers, bankers, accountants and judges from the United Arab Emirates, the UK and Singapore. Including an in-depth study on English, US and Singaporean law, it offers an overview of corporate restructuring and insolvency in England and Wales and the role of insolvency practitioners in the UK. The authors explore the reorganisation process in the United States under chapter 11 of the US Bankruptcy Code, including enforcement perspectives on US bankruptcy law, before providing a comparative analysis of duties and liabilities of directors and officers under US and UK law. The final chapter offers a perspective on financial restructuring and bankruptcy from Singapore. The authors explore core questions surrounding bankruptcy law, including its ability to facilitate the turnaround of business, to enable efficient reallocation of capital, to provide coherent rules for entrepreneurs, investors, employees, and creditors, and to provide for both appropriate sanctions and for rehabilitation. ?

The Economics Of Bank Bankruptcy Law

Author : Matej Marinč
ISBN : 3642445217
Genre : Business & Economics
File Size : 87. 32 MB
Format : PDF, ePub
Download : 331
Read : 360

Get This Book


This book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and/or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset-substitution problem and liquidity provision. These features distinguish banks from other corporations and are largely neglected in corporate bankruptcy law. The authors, an assistant professor for money and finance and a research economist at the Dutch Central Bank, propose changes in both prudential regulation and reorganization policies that should allow regulators and banking authorities to better mitigate disruptions in the financial system and minimize the social costs of bank failures. Their recommendations are complemented by a discussion of bank failures from the 2007–2009 financial crisis.

The History Of Bankruptcy

Author : Thomas Max Safley
ISBN : 9780415687300
Genre : Business & Economics
File Size : 76. 76 MB
Format : PDF, Kindle
Download : 409
Read : 698

Get This Book


Always a natural companion to capitalism, bankruptcy has become much more prevalent in the public consciousness since the global financial crisis. This volume, from an international set of scholars, focuses on bankruptcy in early modern Europe, when its frequency made it not only an economic problem but the great personal and social tragedy it has become.

Research Handbook On Corporate Bankruptcy Law

Author : Barry E. Adler
ISBN : 1803920068
Genre :
File Size : 22. 95 MB
Format : PDF, Kindle
Download : 281
Read : 1260

Get This Book


In this Research Handbook, today's leading experts on the law and economics of corporate bankruptcy address fundamental issues such as the efficiency of bankruptcy, the role and treatment of creditors - particularly secured creditors - in the bankruptcy process, the allocation of going-concern surplus among claimants, the desirability of liquidation in the absence of such surplus, the role of contract in bankruptcy resolution, the role of derivatives in the bankruptcy process, the costs of the bankruptcy system, and the special case of financial institutions, among other topics. Chapters trace the historical path of both law and policy analysis, with a focus on how the bankruptcy process serves underlying policy objectives. Proposals to reform corporate bankruptcy are presented. Research Handbook on Corporate Bankruptcy Lawincludes policy analysis by both lawyers and economists and is thus an invaluable resource to law scholars and students interested in the economic analysis of corporate bankruptcy law, as well as to economics and business scholars and students studying the law of corporate bankruptcy. These pages will prove equally valuable to lawmakers and judges who are interested in policy analysis of corporate bankruptcy. Contributors include: K. Ayotte, D.G. Baird, A.J. Casey, T.H. Jackson, M.B. Jacoby, E.J. Janger, S.J. Lubben, E.R. Morrison, J.A.E. Pottow, R.K. Rasmussen, M.J. Roe, A. Schwartz, M. Simkovic, D. Skeel, R. Squire, G. Triantis, M.J. White, T.J. Zywicki

Personal Bankruptcy Law

Author : Eva-Maria Steiger
ISBN : 3824483440
Genre : Business & Economics
File Size : 83. 11 MB
Format : PDF, Mobi
Download : 799
Read : 1181

Get This Book


Eva-Maria Steiger classifies the mechanisms triggered by U.S. and European consumer bankruptcy regulations and tests them within a hidden action model. She identifies an influence on consumer effort choice at two dates - prior to distress and post filing -, appraises the capacity of the regulations to implement the efficient choice at both dates, and proposes a regulation to mitigate the identified distortions.

Family Firms And Merchant Capitalism In Early Modern Europe

Author : THOMAS MAX. SAFLEY
ISBN : 1032084723
Genre :
File Size : 38. 48 MB
Format : PDF, Kindle
Download : 180
Read : 1105

Get This Book


This fascinating study follows the fortunes of the Höchstetter family, merchant-manufacturers and financiers of Augsburg, Germany, in the late-fifteenth and early-sixteenth centuries, and sheds light on the economic and social history of failure and resilience in early modern Europe. Carefully tracing the chronology of the family's rise, fall and transformation, it moves from the micro- to the macro-level, making comparisons with other mercantile families of the time to draw conclusions and suggest insights into such issues as social mobility, capitalist organization, business techniques, market practices and economic institutions. The result is a microhistory that offers macro-conclusions about the lived experience of early capitalism and capitalistic practices. This book will be valuable reading for advanced students and researchers of economic, financial and business history, legal history and early modern European history.

Air Berlin Bankruptcy Backgrounds And Reasons

Author : Peter Rössel
ISBN : 9783668868175
Genre : Business & Economics
File Size : 52. 29 MB
Format : PDF
Download : 795
Read : 291

Get This Book


Document from the year 2018 in the subject Business economics - Investment and Finance, grade: A, Post University, language: English, abstract: This paper tries to outline the reasons why AirBerlin went into bankruptcy. The reasons are being presented from a financial perspective, presenting the necessary financial data that resulted in the financial loss of the firm, as well as the economic perspective that led to this disaster. Furthermore, troubles in the whole airline industries of recent decades are being highlighted through out the paper. The Air Berlin PLC & Co. Luftverkehrs KG i.I, with seat in Berlin and basis on the airport Berlin Tegel was a German airline. It was a wholly owned subsidiary of the listed Air Berlin PLC, whose largest single shareholder was the Emirati Etihad Airways. On 15 August 2017, Air Berlin requested the opening of insolvency proceedings, the self-economic operation was continued with the help of a federal guarantee until 27 of October 2017. Parts of the company, including the business at Tegel Airport and its subsidiary LGW, were sold to Lufthansa and easyJet. The last airline of Air Berlin, Belair, filed for bankruptcy in mid-August 2018. In order to work out the causes for this bankruptcy, I will also give some more insight on the history of the company.

The Bankruptcy Of Economics Ecology Economics And The Sustainability Of The Earth

Author : Joseph Wayne Smith
ISBN : 1349275719
Genre : Business & Economics
File Size : 88. 32 MB
Format : PDF, Mobi
Download : 304
Read : 921

Get This Book


We live in times of uncertainty and insecurity, at a personal, national and global level. Writers such as Samuel P. Huntington and Robert D. Kaplan, respectively, have spoken of an emerging 'clash of civilizations' and of 'coming anarchy'. This book is also concerned with the future of civilization, in particular with the conflict between economic growth and the sustainability of the biophysical lifesupport systems of the planet, arguing that the flawed system of orthodox neo-classical economics has justified the modernist belief in the necessity of unending economic growth and the ceaseless exploitation of nature.

Studies In History Economics And Public Law

Author :
ISBN : HARVARD:32044105228704
Genre : Social sciences
File Size : 63. 68 MB
Format : PDF, Docs
Download : 800
Read : 876

Get This Book



Bankrupt In America

Author : Mary Eschelbach Hansen
ISBN : 9780226679563
Genre : Bankruptcy
File Size : 26. 1 MB
Format : PDF, ePub, Docs
Download : 528
Read : 999

Get This Book


"In Bankrupt in America, Mary and Brad Hansen show that examination of how Americans have used bankruptcy law and the history of the law itself offers important perspective on the history of bankruptcy in America. Using new statistical and documentary evidence, they illustrate the cycles of interaction between bankruptcy law's use and its own evolution. The authors first offer a broad overview of the laws at various levels governing the collection of debt and position their research in the literature on bankruptcy. They establish the need for a framework that integrates various lines of thought, and introduce of the methods of their approach, which incorporates new institutional economics and cliometrics, that is, the incorporation of econometric data analysis. They then illustrate the general path to bankruptcy by discussing the series of decisions that creditors and debtors make at every stage and how various formal and informal institutions influence these decisions. The core of the book will comprise a generally chronological narrative from 1898, when the first major federal bankruptcy law was enacted to an end point of 2005. Hansen and Hansen reach novel conclusions about causes and consequences of bankruptcy and raise nuances in the relationship between bankruptcy rates and economic growth. For instance, while higher bankruptcy rates are usually considered a negative, the authors show that higher bankruptcy may actually signal economic growth if it is due to an expansion of credit markets. Further, the authors contribute to our understanding of what drives differences in bankruptcy rates among states by illustrating the influence of the broader legal framework. Ultimately, this work find that long-run growth in personal bankruptcy is the result of growth in credit and that the study of legal governance provides useful viewpoints from which to draw out patterns in bankruptcy"--

The Economics Of Bank Bankruptcy Law

Author : Matej Marinč
ISBN : 3642218075
Genre : Business & Economics
File Size : 68. 67 MB
Format : PDF, Kindle
Download : 359
Read : 1215

Get This Book


This book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and/or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset-substitution problem and liquidity provision. These features distinguish banks from other corporations and are largely neglected in corporate bankruptcy law. The authors, an assistant professor for money and finance and a research economist at the Dutch Central Bank, propose changes in both prudential regulation and reorganization policies that should allow regulators and banking authorities to better mitigate disruptions in the financial system and minimize the social costs of bank failures. Their recommendations are complemented by a discussion of bank failures from the 2007–2009 financial crisis.

The Economics Of Consumer Credit

Author : Giuseppe Bertola
ISBN : 9780262026017
Genre : Business & Economics
File Size : 22. 18 MB
Format : PDF, Kindle
Download : 889
Read : 283

Get This Book


Academic research and policy discussions of credit markets usually focus on borrowing by firms and producers rather than by households, which are typically analyzed in terms of their savings and portfolio choices. The Economics of Consumer Credit brings together leading international researchers to focus specifically on consumer debt, presenting current empirical and theoretical research crucial to ongoing policy debates on such topics as privacy rules, the regulation of contractual responsibilities, financial stability, and overindebtedness. The rapidly developing consumer credit industry in the United States is mirrored by that in Europe, and this volume is noteworthy for its cross-national perspective. Several chapters compare the use of credit markets by households in different countries, while others focus on single country case studies—including consumer credit dynamics in Italy, the role of housing expenditure in the cyclical pattern of borrowing in the United Kingdom, and the use of credit cards by U.S. consumers—to illustrate general insights. Other chapters draw policy lessons from the U.S. experience with bankruptcy regulation and the development of the credit counseling industry. Finally, the book reviews historical, theoretical, and empirical aspects of information sharing, of particular interest in light of the integration of European Union credit markets. Contributors: Carol C. Bertaut, Giuseppe Bertola, Sarah Bridges, Luca Casolaro, Jonathan Crook, Richard Disney, Leonardo Gambacorta, Charles Grant, Luigi Guiso, Michael Haliassos, Andrew Henley, Robert M. Hunt, Tullio Jappelli, Nicola Jentzsch, Marco Pagano, Amparo San Jose Riestra, Michael Staten, Michelle J. White

International Bankruptcy

Author : Jodie Adams Kirshner
ISBN : 9780226532028
Genre : Law
File Size : 52. 18 MB
Format : PDF, ePub, Mobi
Download : 387
Read : 639

Get This Book


With the growth of international business and the rise of companies with subsidiaries around the world, the question of where a company should file bankruptcy proceedings has become increasingly complicated. Today, most businesses are likely to have international trading partners, or to operate and hold assets in more than one country. To execute a corporate restructuring or liquidation under several different insolvency regimes at once is an enormous and expensive challenge. With International Bankruptcy, Jodie Adams Kirshner explores the issues involved in determining which courts should have jurisdiction and which laws should apply in addressing problems within. Kirshner brings together theory with the discussion of specific cases and legal developments to explore this developing area of law. Looking at the key issues that arise in cross-border proceedings, International Bankruptcy offers a guide to this legal environment. In addition, she explores how globalization has encouraged the creation of new legal practices that bypass national legal systems, such as the European Insolvency Framework and the Model Law on Cross-Border Insolvency of the United Nations Commission on International Trade Law. The traditional comparative law framework misses the nuances of these dynamics. Ultimately, Kirshner draws both positive and negative lessons about regulatory coordination in the hope of finding cleaner and more productive paths to wind down or rehabilitate failing international companies.

Corporate Insolvency Law And Bankruptcy Reforms In The Global Economy

Author : Amit Kashyap
ISBN : 1522555412
Genre : Business & Economics
File Size : 43. 38 MB
Format : PDF
Download : 641
Read : 557

Get This Book


"This book covers corporate insolvency, International Insolvency law, regional practice and reforms. It puts a light on the international corporate insolvency law and presents insolvency regulatory structure of major and developing world economies which includes SAARC countries, Australia, China and comparing it with Developed countries like the US and UK"--

The Wg L Handbook Of Financial Strategy Policy

Author : Dennis E. Logue
ISBN : PSU:000044135300
Genre : Business & Economics
File Size : 59. 30 MB
Format : PDF, ePub, Docs
Download : 170
Read : 748

Get This Book



An Analysis Of Economic And Personal Factors Leading To Consumer Bankruptcy

Author : Robert Dolphin
ISBN : MSU:31293030715134
Genre : Bankruptcy
File Size : 78. 65 MB
Format : PDF, ePub
Download : 952
Read : 413

Get This Book



Bankruptcy And Survival In Times Of Economic Uncertainty

Author : Shafii Ndanusa
ISBN : 1637670117
Genre : Self-Help
File Size : 20. 29 MB
Format : PDF, Kindle
Download : 202
Read : 189

Get This Book


In the context of economic, social and political crises resulting in financial bankruptcies for individuals, firms, societies and nation states, the book recommends practical tips for adoption by individuals, companies and societies in the struggle to emerge victoriously from bankruptcies and all other variations of economic crises.

Top Download:

Best Books