Bankruptcy Reorganization through Markets : Auction-based Creditor Ordering by Reducing Debts (ACCORD) / Hausch, B. Donald
November 1999 - Financial reorganization under bankruptcy reduces a firm's debts to serviceable levels through negotiations overseen by courts. Academics have suggested using markets for such negotiations, giving equity holders and junior claimants call options to buy the firm back from senior...
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Bibliographische Detailangaben
| Hauptverfasser: | Hausch, B. Donald
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| Weitere Verfasser: | Ramachandran, S.
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| Format: | Online-Resource
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| Sprache: | Englisch |
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| Veröffentlicht: | Washington, D.C : The World Bank, 1999
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| Schlagworte: |
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| Internet: | kostenfrei
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