Credit Derivatives and the Resolution of Financial Distress
INNOVATIONS IN CREDIT DEFAULT SWAPS, pp. 46-57
10 Pages Posted: 20 May 2008
Date Written: May 15, 2008
In this short paper I examine the growth of credit derivatives and the implications for corporate reorganization systems both in the United States and in other jurisdictions seeking to adopt chapter 11 like systems.
Keywords: Chapter 11, corporate reorganization, CDS, credit derivatives, bankruptcy
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