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Resolution of financial distress - an international perspective on the design of bankruptcy laws (English)

The institutions of bankruptcy have been at the center of the great economic events of the last decade, ranging from the Asian economic crisis, to the transition from socialism to capitalism. ... See More +

Publication 23243 MAY 31, 2001

Claesens, Stijn; Djankov, Simeon; Mody, Ashoka [editors]; Stiglitz, Joseph E.; White, Michelle J.; Westbrook, Jay Lawrence; LaPorta, Rafael; Lopez de Silanes, Florencio; Hausch, Donald B.; Ramachandran, S.; Fagan, Perry; Foley, C. Fritz; Gilson, Stuart; Mulas, Alberto; Mason, Joseph R.; Alexander, Arthur J.; Kingebiel, Daniela; Haggard, Stephan; Negishi, Shoko

Corporate debt restructuring - A proposal for East Asia : auctions speak louder than words : Corporate debt restructuring - a proposal for East Asia : auctions speak louder than words (English)

Auctions may be an appropriate way to reorganize the liabilities of some overindebted East Asian firms those that are generally well run, for which there is merit in keeping the existing owners in place, but for which conventional bankruptcy procedures are proving too slow. ... See More +

Viewpoint 19932 NOV 30, 1999

Ramachandran.S; Hausch,Donald B. Disclosed