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Strategic Bankruptcy: How Corporations and Creditors Use Chapter 11 to Their Advantage - Delaney, Kevin J
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In 1982, Johns-Manville, a major asbestos manufacturer, declares itself insolvent to avoid paying claims resulting from exposure to its products. A year later, Continental Airlines, one of the top ten carriers in the United States claims a deficit when the union resists plans to cut labour costs. Later still, oil powerhouse Texaco cries broke rather than pay damages resulting from a courtroom defeat by archrival Pennzoil. Bankruptcy, once a term that sent shudders up a manager's spine, has now become a potent weapon in the ...

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Strategic Bankruptcy: How Corporations and Creditors Use Chapter 11 to Their Advantage 1999, University of California Press, CA

ISBN-13: 9780520073593

Trade paperback

Strategic Bankruptcy: How Corporations and Creditors Use Chapter 11 to Their Advantage 1992, University of California Press, Berkeley, CA

ISBN-13: 9780520073586

Hardcover