Resource title

How to sell a (bankrupt) company?

Resource image

image for OpenScout resource :: How to sell a (bankrupt) company?

Resource description

The restructuring of a bankrupt company often entails the sale of such company. This paper suggests a way to sell the company that maximizes the creditors’ proceeds. The key to this proposal is the option left to the creditors to retain a fraction of the shares of the company. Indeed, by retaining the minority stake, creditors can transfer the control of the company while reducing to a minimum the rents that the sale of the company leaves in the hands of the buyer.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

application/pdf

Resource resource URL

http://eprints.lse.ac.uk/4685/1/how_to_sell_a_bankrupt_company%28LSERO%29.pdf

Resource license