haku: @freeterm LENDER LIABILITY / yhteensä: 1
viite: 1 / 1
« edellinen | seuraava »
Tekijä: | Berlin, M. Mester, L.J. |
Otsikko: | Lender liability and large investors |
Lehti: | Journal of Financial Intermediation
2001 : APR, VOL. 10:2, p. 108-137 |
Asiasana: | INVESTORS SUBORDINATES |
Vapaa asiasana: | LENDER LIABILITY |
Kieli: | eng |
Tiivistelmä: | The authors explore the optimal financial contract for a large investor with potential control over a firm's investment decisions. An optimal menu of claims resembles a U.S. version of lender liability doctrine - equitable subordination. This doctrine permits the court to subordinate a controlling investor's claim in bankruptcy, but only under well-specified conditions. |
« edellinen | seuraava »
SCIMA