Fear of Unknown: Distressed Acquisition and Disclosure
23 Pages Posted: 29 May 2009
Date Written: April 21, 2009
This note, on the basis of a review of the current law related to disclosure of acquisition of claims against distressed companies and the proposals for regulation of this area, argues that no new (legislative) regulation is necessary, as the market tends to regulate itself, under the supervision of the bankruptcy judges.
Keywords: bankruptcy, claims trading, disclosure, regulation
JEL Classification: G33, K22
Suggested Citation: Suggested Citation