The Economics of Bankruptcy Reform
Published Date
Copyright 1994
ISBN 0226056627
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Copy CitationPhilippe Aghion, Oliver D. Hart, and John Moore, The Transition in Eastern Europe, Volume 2, Restructuring (University of Chicago Press, 1994), https://www.nber.org/books-and-chapters/transition-eastern-europe-volume-2-restructuring/economics-bankruptcy-reform.
Published From Paper
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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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