Download or read book Receivership and Reorganization of Distressed Corporations written by Leonard C. Jacobs and published by . This book was released on with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Foreclosures Receiverships and Reorganizations written by John Evarts Tracy and published by . This book was released on 1929 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cases and Materials on Creditors Rights Receivership and corporate reorganization written by John Hanna and published by . This book was released on 1948 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Receivership Bankruptcy and Reorganization written by and published by . This book was released on 1970 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The People s Welfare and the Origins of Corporate Reorganization written by Bradley A. Hansen and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1884 receivership of the Wabash, St. Louis, and Pacific Railway is widely regarded as a turning point in the development of corporate insolvency law. It is said to have created a "new-fashioned receivership," which enabled debtors to initiate and, to a great extent, control receiverships. It is said that these "new-fashioned receiverships" facilitated reorganization of the insolvent firm at the expense of creditors' rights. An examination of the history of railroad receiverships reveals that for decades before 1884 judges allowed managers to initiate receiverships, appointed managers as receivers, and forced creditors to accept changes in their contractual rights. Judges also refused to extend reorganization procedures to corporations outside the railroad industry, justifying their special treatment of railroads on the grounds that the foremost obligation of railroads was to serve the public. Analysis of railroad bond prices supports the conclusion that creditors' rights were not transformed by the courts in the mid-1880s.
Download or read book Materials on Reorganization Recapitalization and Insolvency written by Walter J. Blum and published by . This book was released on 1969 with total page 904 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Unwritten Law of Corporate Reorganizations written by Douglas G. Baird and published by Cambridge University Press. This book was released on 2022-05-26 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: The law of corporate reorganizations controls the fate of enterprises worth billions of dollars and has reshaped entire sectors of the economy, yet its inner workings largely remain a mystery. Judges must police a small and closed fraternity of professionals as they sit down at a conference table and forge a new future for a distressed business, but little appears to tell judges how they are to do this. Judges, however, are in fact bound by a coherent set of unwritten principles that derive from a statute Parliament passed in 1571. These principles are not simply norms or customary practices. They have hard edges, judges must enforce them, and parties are bound by them as they are by any other law. This book traces the evolution of these unwritten principles and makes accessible a legal world that has long been closed off to outsiders.
Download or read book Workouts and Turnarounds written by Dominic DiNapoli and published by Irwin Professional Publishing. This book was released on 1991 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bankruptcy Distressed Restructurings written by Edward I. Altman and published by Beard Books. This book was released on 1999 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers from a conference held March 1991 under the joint sponsorship of the New York University Salomon Center and a number of interested corporate contributors
Download or read book Renegotiation Reorganization and Liquidation written by Raj Aggarwal and published by . This book was released on 1994 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Reorganizations Combined with American Bankruptcy Review written by and published by . This book was released on 1939 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Reorganizations written by and published by . This book was released on 1936 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Control Rights Priority Rights and the Conceptual Foundations of Corporate Reorganizations written by Douglas G. Baird and published by . This book was released on 2008 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Chapter 11 places control decisions in the hands of the bankruptcy judge and insists on rigid adherence to absolute priority in all cases. In both respects, modern Chapter 11 departs sharply from the equity receivership. The equity receivership governed the reorganization of railroads and other large firms in the 19th Century, and it was fashioned in a way that strongly suggests that it vindicated the creditors' bargain. This paper suggests that, when a speedy auction of the firm is not possible, these twin principles of the equity receivership continue to make sense. When the managers and shareholders cannot be easily separated, control rights should lie in the hands of someone whose loyalties are aligned with the creditors, but the reorganization itself should not affect the value of the managers' equity interest. To use the language of the equity receivership, the quot;relative priorityquot; of their interests should be preserved.The focus of modern scholarship on the absolute priority rule neglects the question of who controls the assets during the reorganization. It also fails to take account of the role that existing manager/shareholders will play in firms that possess going concern value and cannot be resold in the market. In this environment, the absolute priority rule triggers costly renegotiations that may yield no off-setting advantages over the relative priority rule.
Download or read book Bankruptcy and Distressed Restructurings written by Edward I. Altman and published by . This book was released on 1992 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comparative Insolvency Law written by Bo Xie and published by Edward Elgar Publishing. This book was released on 2016-11-25 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparative Insolvency Law argues that the most important development in contemporary insolvency law and practice is the shift towards a rescue culture rather than full creditor satisfaction. This book is the first to specifically examine the rise of the pre-pack approach, which permits debtor companies to formulate a clear pre-arranged exit before entering into formal insolvency proceedings.
Download or read book Corporate Financial Distress and Bankruptcy written by Edward I. Altman and published by John Wiley & Sons. This book was released on 2010-03-11 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more.
Download or read book Railroads written by William Zebina Ripley and published by . This book was released on 1915 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:
