source Using Options to Divide Value in Corporate Bankruptcy 2000


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    • Author:  by Lucian Arye Bebchuk  Lucian Arye Bebchuk  Lucian Arye Bebchuk  

    • Abstract:  Congress of the European Economic Association and I am grateful to participants in my session for their comments. The paper is part of a larger project on the options approach to corporate bankruptcy, and in pursuing this project I have benefited from the many comments and reactions that I have received over the years since the publication of my 1988 article. Finally, for financial support, I am grateful to the NSF and to the John M. Olin Center for Law, Economics, and Business. The views expressed herein are those of the authors and are not necessarily those of the National Bureau of Economic Research.

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