By Professor Jing-Zhi Huang, Professor Stefan Lewellen, and Professor Zhe Wang (Pennsylvania State University) Bankruptcy is …
BRT Book Corner: Unjust Debts; The Financial Restructuring Tool Set
Editor's Note: The Harvard Law School Bankruptcy Roundtable is excited to bring readers the first entry in a new semi-annual …
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Pledged Equity Proxy Rights and the Rise of the Board Flip
By David N. Griffiths and Alexander P. Cohen (Weil, Gotshal & Manges) Summary 1. Sponsors should be aware of recent …
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Do Hedge Funds Exploit Material Nonpublic Information? Evidence from Corporate Bankruptcies
By Professor Wei Wang, Yan Yang, and Professor Jingyu Zhang (Smith School of Business, Queen’s University) Hedge funds …
Creditors Strike Back: The Return of the Cooperation Agreement
By Professor Samir Parikh (Lewis & Clark Law School) In the low interest rate environment that followed the Great …
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The Brave New World of Sovereign Debt Restructuring: The ‘China Conundrum’ and Other Challenges
By Steven T. Kargman (Kargman Associates) Emerging economy and developing country sovereigns have faced daunting economic …
An Introduction to the Unique Issues in Bank Holding Company Bankruptcies
By Justin Winerman, James Mazza, Van Durrer, Ron Meisler, and Shana Elberg (Skadden, Arps, Slate, Meagher & Flom LLP) In …
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Financial Disequilibrium
By Samir Parikh (Lewis & Clark Law School) Corporate bankruptcy cases have recently undergone a shift. After decades where …
A Russian Sovereign Debt Default? No Longer Improbable
By Dennis Hranitzky, Richard East, Liesl Fichardt, Epaminontas Triantafilou, Yasseen Gailani, and Rupert Goodway (Quinn Emmanuel …
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J. Crew, Nine West, and the Complexities of Financial Distress
By Kenneth Ayotte (University of California - Berkeley School of Law) and Christina Scullly (University of California - Berkeley …
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Restructuring Corporate Debt – A Different Kind of Cycle
By Mike Harmon (Gaviota Advisors, LLC) and Claudia Robles-Garcia (Stanford Graduate School of Business) Corporate leveraged …
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The Development of Collateral Stripping by Distressed Borrowers
By Mitchell Mengden (Law Clerk, Delaware Court of Chancery) In the past decade, private equity sponsors have taken a more …
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The Law and Economics of Investing in Bankruptcy in the United States
By Jared A. Ellias (University of California Hastings College of the Law) When commentators describe American bankruptcy law as …
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Secured Credit Spreads
By Efraim Benmelech (Northwestern University - Kellogg School of Managemen, Nitish Kumar (University of Florida), and Raghuram …
Disruption and Credit Markets
By Bo Becker (Stockholm School of Economics) and Victoria Ivashina (Harvard Business School) Corporate bond defaults have been on …
OECD Report on Corporate Bond Markets in a Time of Unconventional Monetary Policy
By Ryan M. Rossner (Harvard Law School, J.D. 2019) On February 25, the OECD published another report in its Capital Market …
The Anatomy of Distressed Debt Markets
By Edward I. Altman (New York University) & Robert Benhenni (Pole Universitaire Leonard de Vinci) The market for investing in …
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