WorldCat Linked Data Explorer

http://worldcat.org/entity/work/id/797041125

Strategic bankruptcy how corporations and creditors use Chapter 11 to their advantage

Open All Close All

http://schema.org/about

http://schema.org/description

  • "Strategy. In each situation, the choice of bankruptcy by these corporate giants was directly influenced by the surrounding business community. In the case of Johns-Manville, carrying appropriate insurance did not prevent its twenty insurance companies from refusing to pay claims. Thanks to shrewd planning and cooperation from Continental's creditors, not only was the airline able to continue flying in the first week of Chapter 11, but it could also offer the lowest."
  • "In 1982 Johns-Manville, a major asbestos manufacturer, declares itself insolvent to avoid paying claims resulting from exposure to its products. A year later, Continental Airlines, one of the top ten carriers in the United States, claims a deficit when the union resists plans to cut labor costs. Later still, oil powerhouse Texaco cries broke rather than pay damages resulting from a courtroom defeat by archrival Pennzoil. Bankruptcy, once a term that sent shudders up a."
  • "Cross-country fare in the market. Texaco's banks nudged their client toward bankruptcy as a way to squeeze it into compliance with banking conventions it had previously bypassed. Strategic Bankruptcy uncovers the ways in which bankruptcy has become a biased political system of allocating scarce resources. Delaney's in-depth investigation of three recent bankruptcies and his searing expose of current corporate practices make this book essential reading for corporate."
  • "Compensated? Can companies unilaterally break legally negotiated labor contracts? What are the ethical and legal rules of the corporate takeover game? In probing the Chapter 11 bankruptcies of Johns-Manville, Frank Lorenzo's Continental Airlines, and Texaco, Delaney shows that more and more, an array of powerful actors--corporations, commercial creditors, auditors, bond rating agencies and investment bankers--are coming to view bankruptcy as a legitimate business."
  • "Executives, lawyers, legislators, and policymakers."
  • "Manager's spine, is now becoming a potent weapon in the corporate arsenal. In his timely and challenging study, Kevin Delaney explores this profound change in our legal landscape, where corporations with billions of dollars in assets use bankruptcy to achieve specific political and organizational objectives. As a consequence, bankruptcy court is rapidly becoming an arena in which crucial social issues are resolved: How and when will people dying of asbestos poisoning be."

http://schema.org/genre

  • "Case studies"@en
  • "Case studies"
  • "Electronic books"@en

http://schema.org/name

  • "Strategic bankruptcy"
  • "Strategic bankruptcy : how corporations and creditors use chapter 11 to their advantage"
  • "Strategic bankruptcy how corporations and creditors use Chapter 11 to their advantage"@en
  • "Strategic bankruptcy : how corporations and creditors use Chapter 11 to their advantage"
  • "Strategic bankruptcy : how corporations and creditors use capter 11 to their advantage"
  • "Strategic Bankruptcy - How Corporations and Creditors Use Chapter 11 to Their Advantage"
  • "Strategic bankruptcy : how corporations and creditors use Chapter 11 to their advantage ; with a new preface"@en