Cash auction bankruptcy and corporate restructuring

In Sweden, firms that file for bankruptcy are all auctioned off either piecemeal or as going concerns. Upon filing, managers lose control of the firm. In contrast, in the U.S. managers retain control by selecting to renegotiate the financial claims on the firm under court-supervision (Chapter 11). T...

Full description

Bibliographic Details
Main Author: Thorburn, Karin S.
Format: Doctoral Thesis
Language:English
Published: Handelshögskolan i Stockholm, Finansiell Ekonomi (FI) 1998
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-662
http://nbn-resolving.de/urn:isbn:91-7258-475-0