The understanding of the economic and legal structure of the institutions of bankruptcy has increased considerably over the past decade. This publication descri

We propose a new bankruptcy procedure. Initially, a firm's debts are cancelled, and cash and non-cash bids are solicited for the 'new" (all-equity) firm. Former

Setting forth the building blocks of banking bailout law, this book reconstructs a regulatory framework that might better serve countries during future crisis s

This study provides an overview of the legal, institutional, and regulatory framework that countries should put in place to address cases of bank insolvency. It