Non-Fiction Books:

Strategic Bankruptcy

How Corporations and Creditors Use Chapter 11 to Their Advantage
Click to share your rating 0 ratings (0.0/5.0 average) Thanks for your vote!

Format:

Paperback / softback
$102.00
Available from supplier

The item is brand new and in-stock with one of our preferred suppliers. The item will ship from a Mighty Ape warehouse within the timeframe shown.

Usually ships in 3-4 weeks
Free Delivery with Primate
Join Now

Free 14 day free trial, cancel anytime.

Buy Now, Pay Later with:

4 payments of $25.50 with Afterpay Learn more

6 weekly interest-free payments of $17.00 with Laybuy Learn more

Availability

Delivering to:

Estimated arrival:

  • Around 14-26 June using International Courier

Description

In 1982, Johns-Manville, a major asbestos manufacturer, declares itself insolvent to avoid paying claims resulting from exposure to its products. A year later, Continental Airlines, one of the top ten carriers in the United States claims a deficit when the union resists plans to cut labour costs. Later still, oil powerhouse Texaco cries broke rather than pay damages resulting from a courtroom defeat by archrival Pennzoil. Bankruptcy, once a term that sent shudders up a manager's spine, has now become a potent weapon in the corporate arsenal. The author explores this profound change in our legal landscape, where corporations with billions of dollars in assets employ bankruptcy to achieve specific political and organizational objectives. As a consequence, bankruptcy court is rapidly becoming an arena in which crucial social issues are resolved. How and when will people dying of asbestos poisoning be compensated? Can companies unilaterally break legally negotiated labour contracts? What are the ethical and legal rules of the corporate takeover game??;p In probing the Chapter 11 bankruptcies of Johns-Manville, Frank Lorenzo's Continental Airlines and Texaco, the author shows not only that

Author Biography:

Kevin J. Delaney is Assistant Professor of Sociology at Temple University.
Release date NZ
January 4th, 1999
Audience
  • Professional & Vocational
Pages
224
Dimensions
152x229x15
ISBN-13
9780520073593
Product ID
25214337

Customer reviews

Nobody has reviewed this product yet. You could be the first!

Write a Review

Marketplace listings

There are no Marketplace listings available for this product currently.
Already own it? Create a free listing and pay just 9% commission when it sells!

Sell Yours Here

Help & options

Filed under...