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The Unwritten Law of Corporate Reorganizations

Douglas G. Baird
The Unwritten Law of Corporate Reorganizations by Douglas G. Baird PDF

Author : Douglas G. Baird
Publisher : Cambridge University Press
Page : 203 pages
File Size : 27,53 MB
Release : 2022-05-26
Category : Law
ISBN : 1316512290

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Reveals the unwritten and hitherto inaccessible principles that govern the restructuring of large corporations in Chapter 11.

Corporate Reorganization and the Chandler Act

Richard Hirshberg
Corporate Reorganization and the Chandler Act by Richard Hirshberg PDF

Author : Richard Hirshberg
Publisher :
Page : 0 pages
File Size : 40,82 MB
Release : 1940
Category : Consolidation and merger of corporations
ISBN :

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When people invest in a corporation, they assume a risk, just as they do when they put their money into an individual enterprise or partnership. There is always the chance that the business will fail instead of yielding to the investors the gains they had hoped for. Basically, two different kinds of failure may be distinguished. An enterprise may be considered a failure in the economic sense if its income is not sufficient to give the investors the profit they could reasonably have expected at the time of investment. Failure in the ordinary business sense, on the other hand, means inability of the enterprise to pay its debts. It is this sort of failure which (in the case of the corporation) calls for reorganization.