Bankruptcy’s Redistributive Policies: Net Value or a “Zero-Sum Game”? By Prof. Steven L. Schwarcz (Duke University School of Law) Although federal bankruptcy law, epitomized by Chapter 11, has a …Continue Reading about Bankruptcy’s Redistributive Policies: Net Value or a “Zero-Sum Game”?
Chapter 22 Roundtable in the WSJ Bankruptcy Beat Last week, the Wall Street Journal’s Bankruptcy Beat posted several pieces on the causes and consequences of so-called “Chapter …Continue Reading about Chapter 22 Roundtable in the WSJ Bankruptcy Beat
Revisiting the Recidivism-Chapter 22 Phenomenon in the U.S. Bankruptcy System Author: Edward I. Altman, NYU Stern School of Business This study finds that about 15% of all debtors, who emerge as continuing …Continue Reading about Revisiting the Recidivism-Chapter 22 Phenomenon in the U.S. Bankruptcy System