Kenneth Ayotte

University of California, Berkeley - School of Law

Professor of Law

215 Boalt Hall

Berkeley, CA 94720-7200

United States

  • University of California, Berkeley - School of Law

SCHOLARLY PAPERS

22

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19,470

SSRN CITATIONS
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SSRN RANKINGS

Top 6,260

in Total Papers Citations

127

CROSSREF CITATIONS

133

Scholarly Papers (22)

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1.

Bankruptcy or Bailouts?

Journal of Corporation Law, Vol. 35, p. 469, 2010, U of Penn, Inst for Law & Econ Research Paper No. 09-11, Northwestern Law & Econ Research Paper No. 09-05
Number of pages: 30 Posted: 18 Mar 2009 Last Revised: 09 Jun 2010
Kenneth Ayotte and David A. Skeel
University of California, Berkeley - School of Law and University of Pennsylvania Carey Law School
Downloads 4,953 (3,219)
Citation 33

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Chapter 11 reorganization, insolvency, financial crisis, intervention in financial markets, government rescue, ad hoc rescues, bailout, Federal Reserve, investment banking, Lehman Brothers, debt overhangs, creditor runs, systemic risk, derivatives

2.

Governance in Financial Distress and Bankruptcy

Oxford Handbook of Corporate Governance, Forthcoming, Northwestern Public Law Research Paper No. 12-37
Number of pages: 44 Posted: 16 Nov 2012 Last Revised: 29 Dec 2012
Kenneth Ayotte, Edith S. Hotchkiss and Karin S. Thorburn
University of California, Berkeley - School of Law, Boston College - Carroll School of Management and Norwegian School of Economics
Downloads 1,892 (15,354)

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bankruptcy, reorganization, corporate finance, corporate governance, Chapter 11

3.

Creditor Control and Conflict in Chapter 11

Downloads 1,603 (19,852)
Citation 46

Creditor Control and Conflict in Chapter 11

Columbia Law and Economics Research Paper No. 321, Northwestern Law & Econ Research Paper No. 08-16
Number of pages: 47 Posted: 31 Jan 2008 Last Revised: 03 Jul 2009
Kenneth Ayotte and Edward R. Morrison
University of California, Berkeley - School of Law and Columbia Law School
Downloads 1,099 (34,114)
Citation 9

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Bankruptcy, corporate reorganization, Chapter 11, creditor control, DIP lending, creditor conflict

Creditor Control and Conflict in Chapter 11

The Journal of Legal Analysis, Vol. 1, No. 2, pp. 511-551, Summer 2009
Number of pages: 42 Posted: 28 Aug 2009
Kenneth Ayotte and Edward R. Morrison
University of California, Berkeley - School of Law and Columbia Law School
Downloads 504 (96,099)
Citation 19

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creditor, control, conflict, chapter 11, bankruptcy, equity, lenders, Ayotte, Morrison

4.

Bankruptcy Process for Sale

UC Hastings Research Paper No. 382, Yale Journal on Regulation, Vol. 39, No. 1, 2021
Number of pages: 71 Posted: 27 Aug 2020 Last Revised: 27 Feb 2021
Kenneth Ayotte and Jared A. Ellias
University of California, Berkeley - School of Law and Harvard Law School
Downloads 1,536 (21,201)
Citation 7

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bankruptcy; corporate governance; distress; chapter 11; contracts; finance; corporate finance

5.

Matching Bankruptcy Laws to Legal Environments

Downloads 1,432 (23,545)
Citation 9

Matching Bankruptcy Laws to Legal Environments

Number of pages: 33 Posted: 04 Nov 2004
Kenneth Ayotte and Hayong Yun
University of California, Berkeley - School of Law and Michigan State University - Department of Finance
Downloads 1,432 (23,130)
Citation 9

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Bankruptcy, investor protection, law and finance

Matching Bankruptcy Laws to Legal Environments

The Journal of Law, Economics, & Organization, Vol. 25, Issue 1, pp. 2-30, 2009
Posted: 13 Apr 2009
Kenneth Ayotte and Hayong Yun
University of California, Berkeley - School of Law and Michigan State University - Department of Finance

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6.

Asset-Backed Securities: Costs and Benefits of Bankruptcy Remoteness

Texas Finance Festival, 2005
Number of pages: 49 Posted: 11 Oct 2005
Kenneth Ayotte and Stav Gaon
University of California, Berkeley - School of Law and Columbia Business School
Downloads 1,252 (28,720)
Citation 9

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asset-backed securities, securitization, bankruptcy, Chapter 11, capital structure, secured debt, leases

7.

Valuation Disputes in Corporate Bankruptcy

University of Pennsylvania Law Review, Forthcoming, Columbia Law and Economics Working Paper, UC Berkeley Public Law Research Paper
Number of pages: 32 Posted: 21 May 2018 Last Revised: 14 Oct 2019
Kenneth Ayotte and Edward R. Morrison
University of California, Berkeley - School of Law and Columbia Law School
Downloads 995 (39,916)
Citation 1

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Corporate Reorganization, Bankruptcy, Valuation, DCF, Multiples, Discount Rate, Expert Witnesses

8.

Why Do Distressed Companies Choose Delaware? An Empirical Analysis of Venue Choice in Bankruptcy

Number of pages: 28 Posted: 24 Nov 2003
Kenneth Ayotte and David A. Skeel
University of California, Berkeley - School of Law and University of Pennsylvania Carey Law School
Downloads 726 (61,393)
Citation 21

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bankruptcy, Chapter 11, venue choice, forum shopping, Delaware, reorganization

9.

Bankruptcy and Entrepreneurship: The Value of a Fresh Start

Downloads 664 (68,876)
Citation 12

Bankruptcy and Entrepreneurship: The Value of a Fresh Start

Number of pages: 39 Posted: 08 Dec 2003
Kenneth Ayotte
University of California, Berkeley - School of Law
Downloads 664 (67,947)
Citation 12

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Bankruptcy, entrepreneurship, Chapter 11, Chapter 13, absolute priority, fresh start

Bankruptcy and Entrepreneurship: The Value of a Fresh Start

The Journal of Law, Economics, & Organization, Vol. 23, Issue 1, pp. 161-185, 2007
Posted: 17 Jun 2008
Kenneth Ayotte
University of California, Berkeley - School of Law

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10.

Bankruptcy Law as a Liquidity Provider

University of Chicago Law Review, Vol. 80, P. 1557, 2013, Northwestern Law & Econ Research Paper, U of Penn, Inst for Law & Econ Research Paper No. 13-8
Number of pages: 68 Posted: 16 Mar 2013 Last Revised: 09 Sep 2014
Kenneth Ayotte and David A. Skeel
University of California, Berkeley - School of Law and University of Pennsylvania Carey Law School
Downloads 653 (70,362)
Citation 2

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bankruptcy, liquidity, creditors' bargain, debt overhang, adverse selection

11.

Standardizing and Unbundling the Sub Rosa DIP Loan

Number of pages: 29 Posted: 04 Jan 2023 Last Revised: 17 Jul 2023
Kenneth Ayotte and Alex Zhicheng Huang
University of California, Berkeley - School of Law and University of California, Berkeley - School of Law
Downloads 622 (74,988)

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Bankruptcy, DIP, Sub Rosa Plan, Chapter 11, Creditor Control

12.

Legal Entities as Transferable Bundles of Contracts

Michigan Law Review, Forthcoming
Number of pages: 39 Posted: 05 Mar 2012 Last Revised: 07 May 2012
Kenneth Ayotte and Henry Hansmann
University of California, Berkeley - School of Law and Yale University - Law School
Downloads 481 (102,818)
Citation 8

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legal entities, subsidiaries, assignment, theory of the firm

13.

Bankruptcy on the Side

Northwestern University Law Review, Vol. 112, No. 2, 2017, U of Penn, Inst for Law & Econ Research Paper No. 16-25, UC Berkeley Public Law Research Paper No. 2839479, University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 784
Number of pages: 58 Posted: 16 Sep 2016 Last Revised: 04 Feb 2018
Kenneth Ayotte, Anthony J. Casey and David A. Skeel
University of California, Berkeley - School of Law, University of Chicago Law School and University of Pennsylvania Carey Law School
Downloads 477 (103,857)
Citation 3

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14.

Optimal Property Rights in Financial Contracting

Downloads 453 (110,377)
Citation 12

Optimal Property Rights in Financial Contracting

Number of pages: 38 Posted: 29 May 2007
Kenneth Ayotte and Patrick Bolton
University of California, Berkeley - School of Law and Imperial College London
Downloads 388 (130,952)

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property rights, contracts, legal rules, covenants, bankruptcy

Optimal Property Rights in Financial Contracting

NBER Working Paper No. w13316
Number of pages: 39 Posted: 24 Aug 2007 Last Revised: 22 May 2022
Kenneth Ayotte and Patrick Bolton
University of California, Berkeley - School of Law and Imperial College London
Downloads 65 (588,208)
Citation 3

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15.

Disagreement and Capital Structure Complexity

Number of pages: 33 Posted: 27 Nov 2018 Last Revised: 13 Mar 2019
Kenneth Ayotte
University of California, Berkeley - School of Law
Downloads 436 (115,417)
Citation 1

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bankruptcy, capital structure, disagreement, valuation, subsidiaries

16.

A Safety Valve Model of Equity as Anti-Opportunism

Northwestern Law & Econ Research Paper No. 13-15
Number of pages: 37 Posted: 07 Apr 2013 Last Revised: 28 Apr 2013
Kenneth Ayotte, Ezra Friedman and Henry E. Smith
University of California, Berkeley - School of Law, Northwestern University - Pritzker School of Law and Harvard Law School
Downloads 352 (147,555)
Citation 3

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law and equity, contracts, opportunism

17.

Enterprise Law Conference of 2014: Edited Transcript

Number of pages: 202 Posted: 26 Sep 2014
Bruce E. Aronson, Kenneth Ayotte, Takaaki Eguchi, David Gamage, Mark P. Gergen, Gen Goto, Benjamin E. Hermalin, Yohsuke Higashi, Akio Hoshi, Hidefusa Iida, Hideshi Itoh, Hideshi Itoh, Takahito Kato, Nobuo Matsuki, Manabu Matsunaka, Manabu Matsunaka, Curtis J. Milhaupt, Hiroshi Mitoma, Hideaki Miyajima, Sadakazu Osaki, J. Mark Ramseyer, Shruti Rana, Roberta Romano, Takuji Saito, Kenichi Sekiguchi, Masakazu Shirai, Zenichi Shishido, Shinjiro Takagi, Wataru Tanaka, Takashi Toichi, Hideaki Umetsu, J. H. Verkerke, Tetsuya Watanabe and Noriyuki Yanagawa
Hitotsubashi University Graduate School of International Corporate Strategy, University of California, Berkeley - School of Law, Hitotsubashi University, Indiana University Maurer School of Law, University of California, Berkeley - School of Law, University of Tokyo - Graduate School of Law and Politics, University of California, Berkeley, Independent, Gakushuin University, University of Tokyo - Faculty of Law, Waseda Business SchoolCESifo (Center for Economic Studies and Ifo Institute), University of Tokyo, Tokyo Institute of Technology, Nagoya University, Graduate School of lawNagoya University, Graduate School of law, Stanford Law School, Independent, Waseda University - Graduate School of Commerce, Nomura Institute of Capital Markets Research, Harvard Law School, Indiana University Bloomington - Hamilton Lugar School of Global and International Studies, Yale Law School, Waseda University, Independent, Doshisha University, Faculty of Law, Hitotsubashi University Graduate School of Law, Independent, Independent, Independent, Independent, University of Virginia School of Law, Waseda University - School of Law and University of Tokyo - Faculty of Economics
Downloads 346 (150,767)

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18.

Leases and Executory Contracts in Chapter 11

Number of pages: 29 Posted: 07 Jul 2014 Last Revised: 13 Aug 2014
Kenneth Ayotte
University of California, Berkeley - School of Law
Downloads 344 (150,767)
Citation 3

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bankruptcy, Chapter 11, leases, executory contracts, real options

19.

On the Mandatory Stay of Secured Creditors in Bankruptcy

Number of pages: 32 Posted: 30 Oct 2017
Kenneth Ayotte
University of California, Berkeley - School of Law
Downloads 163 (309,563)
Citation 2

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20.

Loopholes in Complex Contracts

Number of pages: 21 Posted: 18 Oct 2023
Kenneth Ayotte and Adam B. Badawi
University of California, Berkeley - School of Law and University of California, Berkeley - School of Law
Downloads 90 (484,248)

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loopholes, complexity, contract theory, contract evolution, bounded rationality, genetic algorithms

21.

Optimal Trust Design in Mass Tort Bankruptcy

American Law and Economics Review, Vol. 7, No. 2, pp. 403-438, 2005
Posted: 05 Oct 2005
Kenneth Ayotte and Yair Listokin
University of California, Berkeley - School of Law and Yale Law School

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Bankruptcy, mass tort, future claimants, asbestos

22.

Protecting Future Claimants in Mass Tort Bankruptcies

Posted: 21 Jan 2005
Yair Listokin and Kenneth Ayotte
Yale Law School and University of California, Berkeley - School of Law

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