A New Bankruptcy Procedure that Uses Multiple Auctions
21 Pages Posted: 8 Jul 2000 Last revised: 27 Feb 2022
Date Written: November 1997
We develop a new bankruptcy procedure that makes use of multiple auctions. The procedure" is designed to work even when capital markets do not function well (for example in developing" economies, or in economies in transition) -- although it can be used in all economies."
Suggested Citation: Suggested Citation