The paradoxes of secured landing: Is there a less uneasy case for the priority of secured claims in bankruptcy?
This paper is inspired directly by two articles coauthored by Professors Bebchuk and Fried, which comprehensively questioned the efficiency of the bankruptcy priority awarded to secured claims. It starts by pointing out the following efficiency benefit of such priority largely unmentioned in the leg...
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Main Author: | ZHANG, Wei |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2014
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Online Access: | https://ink.library.smu.edu.sg/sol_research/2618 https://ink.library.smu.edu.sg/context/sol_research/article/4576/viewcontent/The_Paradoxes_of_Secured_Lending__Is_There_a_Less_Uneasy_Case_for_pvoa.pdf |
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Institution: | Singapore Management University |
Language: | English |
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