Making Failure Feasible: How Bankruptcy Reform Can End Too Big to Fail

Making Failure Feasible: How Bankruptcy Reform Can End Too Big to Fail
Format
Hardback
Publisher
Hoover Institution Press,U.S.
Country
United States
Published
1 October 2015
Pages
312
ISBN
9780817918842

Making Failure Feasible: How Bankruptcy Reform Can End Too Big to Fail

In 2012, building off work first published in 2010, the Resolution Project proposed that a new Chapter 14 be added to the Bankruptcy Code, exclusively designed to deal with the reorganization or liquidation of the nation’s large financial institutions. In this book, the contributors expand on their proposal to improve the prospect that our largest financial institutions-particularly with prebankruptcy planning-could be successfully reorganized or liquidated pursuant to the rule of law and, in doing so, both make resolution planning pursuant to Title I of Dodd-Frank more fruitful and make reliance on administrative proceedings pursuant to Title II of Dodd-Frank largely unnecessary.

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