Strategic Bankruptcy: How Corporations and Creditors Use Chapter 11 to Their Advantage

Strategic Bankruptcy: How Corporations and Creditors Use Chapter 11 to Their Advantage
ISBN-10
0520073592
ISBN-13
9780520073593
Category
Social Science
Pages
213
Language
English
Published
1999-01-04
Publisher
Univ of California Press
Author
Kevin J. Delaney

Description

In probing the Chapter 11 bankruptcies of Johns-Manville, Frank Lorenzo's Continental Airlines and TeƗaco, the author shows not only that bankruptcy is pursued by managers more and more as a strategy, but that it is becoming accepted by the business community as a viable option and not just a last-ditch solution.

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