Corporate bankruptcy laws consists of protection for the companies involved, Stockholders are usually the ones who end up not getting refunded even with the law behind them. Unsecured creditors are next in line for repayments. Secured lenders like banks are certain to get what is owed to them back.
Does corporate bankruptcy affect personal credit?
Moritz Eisenhardt has written: 'Sanierung statt Liquidation' -- subject(s): Composition (Law), History, Law and legislation, Corporate reorganizations, Bankruptcy, Corporate governance
Indrajit Mallick has written: 'Economic analysis of corporate bankruptcy law reform in India'
Peter Totty has written: 'Corporate insolvency' -- subject(s): Bankruptcy, Corporation law
Mark S. Pulliam has written: 'Collier labor law and the Bankruptcy Code' -- subject(s): Bankruptcy, Corporate reorganizations, Labor laws and legislation
The use of a corporate bankruptcy attorney is to assist in the legal proceeding of filing for bankruptcy for a corporation. An attorney is necessary to make sure the process goes smoothly and everything is taken care of.
Corporate Bankruptcy Filing is the name given to the process when a business becomes insolvent and unable to meet their debt commitments. This is in contrast to personal bankruptcy where an individual becomes insolvent.
Nicola Giuliani has written: 'Delle ipoteche' -- subject(s): Mortgages, Pledges (Law), Corporate reorganizations, Liens, Bankruptcy
George G. Triantis has written: 'The paradox of managerial discretion and the texture of secured transaction laws' -- subject(s): Discretion, Economic aspects, Economic aspects of Security (Law), Security (Law) 'Corporate reorganization and bankruptcy' -- subject(s): Cases, Corporate reorganizations, Bankruptcy 'Covenants not to compete from an incomplete contract perspective' -- subject(s): Covenants not to compete, Incomplete contracts
Martin A. Frey has written: 'Introduction to the law of contracts' 'An introduction to bankruptcy law' -- subject(s): Bankruptcy, United States 'An introduction to bankruptcy law' -- subject(s): Bankruptcy
Andrew Burgess has written: 'Tax-Effective Charitable Giving' 'The law of corporate receivers and receiver-managers' -- subject(s): Bankruptcy, Receivers
Jukka Kilpi has written: 'The ethics of bankruptcy' -- subject(s): Bankruptcy, Corporate debt, Moral and ethical aspects, Moral and ethical aspects of Bankruptcy, Moral and ethical aspects of Corporate debt, Social responsibility of business