The Economics of Bankruptcy Reform

Philippe Aghion, Oliver D. Hart & John Moore
Published Date
Copyright 1994
ISBN 0-226-05662-7
Transition in Eastern Europe, Volume 2
Book: The Transition in Eastern Europe, Volume 2, Restructuring
Book editors: Olivier Blanchard, Kenneth Froot & Jeffrey Sachs
PUBLISHER: University of Chicago Press
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The Economics of Bankruptcy Reform
- Working Paper
We propose a new bankruptcy procedure. Initially, a firm's debts are cancelled, and cash and non-cash bids are...

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