Defending the Bankrupt Castle
Every year, hundreds of thousands of Americans file for Chapter 7 bankruptcy. In each case, the U.S. Department of Justice… Continue reading →
Bankruptcy
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Absolute Priority, Relative Priority, and Valuation Uncertainty in Bankruptcy
Bankruptcy reformers advocate substituting relative priority for the prevailing absolute priority standard to promote a more consensual restructuring process. In… Continue reading →
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Private Equity, Conflicts, and Chapter 11
Private equity has become a dominant force in distressed investing and Chapter 11 corporate reorganization. As a result, three new… Continue reading →