التفاصيل البيبلوغرافية
العنوان: |
Can a Claim Transferee "Wash" the Claim from Disallowance Risk? Another Chapter in the Firestar Saga. |
المؤلفون: |
Nathan, Bruce S.1, Cargill, Scott1, Schneider, John P.1 |
المصدر: |
Credit & Financial Management Review. 2021 2nd Quarter, Vol. 27 Issue 2, p3-9. 7p. |
مصطلحات موضوعية: |
*PURCHASING agents, *DEBTOR & creditor, *BANKRUPTCY, *LIQUIDATION |
مستخلص: |
Claims trading is an efficient avenue for creditors of bankrupt companies to quickly liquidate their prepetition claim by selling the claim, at a discount, rather than waiting out the bankruptcy process hoping to receive a recovery from the bankruptcy estate. Conversely, buyers are often willing to purchase a claim for a variety of reasons, including with an expectation that the bankruptcy estate's eventual distribution on account of the purchased claim will exceed the price they paid for the claim. [ABSTRACT FROM AUTHOR] |
|
Copyright of Credit & Financial Management Review is the property of Credit Research Foundation and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
قاعدة البيانات: |
Business Source Index |