Strategic Bankruptcy How Corporations and Creditors Use Chapter 11 to Their Advantage
- Binding: Paperback
- Publisher: Univ of California Pr
- Publish date: 01/01/1999
Description:
Bankruptcy, once reserved as a last-ditch solution, has come to be viewed by the business community as a viable option, even as a potent weapon in the corporate arsenal. Kevin Delaney explores this profound change in our legal landscape, where corporations with billions of dollars in assets employ bankruptcy to achieve specific political and organizational objectives. As a consequence, bankruptcy court has, also become an arena in which crucial social issues are resolved. A new preface brings readers up to date.
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