Construct · 1 fields · 1 citations

creditors' bargain theory: a standalone construct

One name. One construct. A landmark on the map.

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Law and economics

the view that bankruptcy law should mirror the collective deal creditors would strike in advance to avoid a costly individual race to seize assets.

In law and economics, creditors' bargain theory refers to the view that bankruptcy law should mirror the collective deal creditors would strike in advance to avoid a costly individual race to seize assets. This meaning comes from Jackson (1982) in The Yale Law Journal.[1]

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Nearby constructs

mirror3 fields · 6 citationsjingle · one word, three constructs seize2 fields · 2 citationsjingle · one word, two constructs strike1 fields · 2 citationsanchor · a standalone construct

References

Jackson, T. H. (1982). Bankruptcy, Non-Bankruptcy Entitlements, and the Creditors' Bargain. The Yale Law Journal, 91(5), 857. https://doi.org/10.2307/796070

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