The Effectiveness of Bankruptcy Proceedings
Title:
Survival of the Fittest? Financial and Economic Distress and Restructuring Outcomes in Chapter 11
Authors:
Michael L. Lemmon, Yung-Yu Ma, and Elizabeth Tashjian
Publisher:
Self-published
Date Published:
January 2009
Not all firms deserve financial bailouts, and Chapter 11 proceedings are effective at determining which companies should remain in business.