Corporate Bankruptcy as a Filtering Device资料.pdf

Corporate Bankruptcy as a Filtering Device: Chapter 11 Reorganizations and Out-of-Court Debt Restructurings Author(s): Michelle J. White Source: Journal of Law, Economics, Organization, Vol. 10, No. 2 (Oct., 1994), pp. 268-295 Published by: Oxford University Press Stable URL: /stable/764968 Accessed: 15/12/2009 23:59 Your use of the JSTOR archive indicates your acceptance of JSTORs Terms and Conditions of Use, available at /page/info/about/policies/terms.jsp. JSTORs Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at /action/showPublisher?publisherCode=oup. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@. Oxford University Press is collaborating with JSTOR to digitize, preserve and extend access to Journal of Law, Economics, Organization. 268 VION2 JLEO, CorporateBankruptcyas a FilteringDevice: 11 and Out-of-Court Chapter Reorganizations Debt Restructurings MichelleJ. White of University Michigan Thisarticleuses a theoreticmodelof 11 and out-of- game