Surprise: You Filed for Bankruptcy - Now What?

Journal of Bankruptcy Law, November/December 2009

6 Pages Posted: 29 Aug 2009 Last revised: 5 Dec 2012

See all articles by Harlan D. Platt

Harlan D. Platt

Northeastern University - Finance and Insurance Area

Date Written: August 28, 2009

Abstract

Since the April 2005 passage of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA), companies have discovered that bankruptcy has become a quicksand of unexpected surprises that quickly forces companies into liquidation or forced asset sales under section 363 of the Bankruptcy Code. This paper summarizes four big 'surprises' that await companies as a result of passage of BAPCPA.

Keywords: Bankruptcy, BAPCPA, Reorganization, Liquidation

JEL Classification: G33, K00, K22, K40

Suggested Citation

Platt, Harlan D., Surprise: You Filed for Bankruptcy - Now What? (August 28, 2009). Journal of Bankruptcy Law, November/December 2009, Available at SSRN: https://ssrn.com/abstract=1463700

Harlan D. Platt (Contact Author)

Northeastern University - Finance and Insurance Area ( email )

Boston, MA 02115
United States
617-373-4740 (Phone)
617-373-8798 (Fax)

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