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Judicial Discretion in Corporate Bankruptcy

We study a demand-and-supply model of judicial discretion in corporate bankruptcy. On the supply side, we assume that bankruptcy courts may be biased for debtors or creditors, and subject to career concerns. On the demand side, we assume that debtors (and creditors) can engage in forum shopping... Full description

1st Person: Gennaioli, Nicola
Additional Persons: Rossi, Stefano verfasserin
Source: in The review of financial studies Vol. 23, No. 11 (2010), p. 4078-4114
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Type of Publication: Article
Language: English
Published: 2010
Keywords: research-article
Online: Volltext
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