The Law of Failure - A Tour Through the Wilds of American Business Insolvency Law (Paperback)

If a broker-dealer liquidates in federal bankruptcy court, why does an insurance company liquidate in state court, and a bank outside of court altogether? Why do some businesses re-organize under state law 'assignments', rather than the more well-known Chapter 11 of the Bankruptcy Code? Why do some laws use the language of bankruptcy but without advancing policy goals of the Bankruptcy Code? In this illuminating work, Stephen J. Lubben tackles these questions and many others related to the collective law of business insolvency in the United States. In the first book of its kind, Lubben notes the broad similarities between the many insolvency systems in the United States while describing the fundamental differences lurking therein. By considering the whole sweep of these laws - running the gamut from Chapter 11 to obscure receivership provisions of the National Bank Act - readers will acquire a fundamental understanding of the 'law of failure'.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	August 2018
Authors:	Stephen J Lubben
Dimensions:	228 x 152 x 10mm (L x W x T)
Format:	Paperback - Trade
Pages:	192
ISBN-13:	978-1-316-64041-8
Categories:	Books > Law > Laws of other jurisdictions & general law > Private, property, family law > Contract law Books > Law > International law > Public international law > International economic & trade law > General Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law > Banking law
LSN:	1-316-64041-8
Barcode:	9781316640418

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