TY  - JOUR
AU  - Hart,Oliver
AU  - Drago,Rafael La Porta
AU  - Lopez-de-Silane,Florencio
AU  - Moore,John
TI  - A New Bankruptcy Procedure that Uses Multiple Auctions
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 6278
PY  - 1997
Y2  - November 1997
UR  - http://www.nber.org/papers/w6278
L1  - http://www.nber.org/papers/w6278.pdf
N1  - Author contact info:
Oliver D. Hart
Department of Economics
Littauer Center 220
Harvard University
Cambridge, MA 02138
Tel: 617/496-3461
Fax: 617-495-7730
E-Mail: ohart@harvard.edu

Rafael La Porta
Dartmouth College
Tuck School
210 Tuck Hall
Hanover, NH  03755
Tel: 603/646-3739
E-Mail: rafael.laporta@dartmouth.edu

Florencio Lopez-de-Silanes
EDHEC Business School
393, Promenade des Anglais BP 3116
06202 Nice Cedex 3
FRANCE
Tel: +33 (0) 4 93 18 78 07
Fax: +33 (0) 4 93 18 78 41
E-Mail: Florencio.lopezdesilanes@edhec.edu

John Moore
William Robertson Building
Edinburgh
Scotland, EH8 9JY
U.K.
E-Mail: j.h.moore@ed.ac.uk
AB  - We develop a new bankruptcy procedure that makes use of multiple auctions.  The procedure" is designed to work even when capital markets do not function well (for example in developing" economies, or in economies in transition) -- although it can be used in all economies."
ER  -