The majority of bankruptcies occur due to unemployment and excessive credit, rather than business failure.
Articles on Bankruptcy
Displaying 61 - 71 of 71 articles
As coal energy loses market share, major U.S. coal companies are filing for bankruptcy. One multi-billion-dollar question: will taxpayers be forced to pay for cleaning up abandoned mines?
The state takeover and fiscal crisis in Flint hamstrung city managers, making it hard to provide basic services like water.
Australians still have lingering beliefs about bankruptcy as a crime. This has to change if we want to foster business innovation.
At first glance, US$1.5 billion seems like a lot of money. But that’s before taxes and a tendency for winners to spend it unwisely.
For the company’s brand, it’s crucial to figure out a way to continue making clothes on American soil.
Graham Beal, the Director of the Detroit Institute of Arts, recently announced that he will be retiring after fifteen years at the helm. Two of his achievements particularly stand out. The first is his…
Burdensomely high medical costs are often blamed for pushing many Americans into bankruptcy. According to the Consumer Financial Protection Bureau some 43 million Americans have unpaid medical debt on…
The cascade of woes that have befallen former NFL players has stunned fans and casual observers. Former NFL stars Junior Seau and Dave Duerson committed suicide. All-pro Warren Sapp went bankrupt after…
Earlier this month, we learned that the biggest municipal bankruptcy in history would also be among the swiftest. The emergency manager for Detroit filed for bankruptcy in the summer of 2013 without a…
“Kodachrome, it gives the nice bright colours, it gives the dreams of summer, it makes you think all the world’s a sunny day.” (Paul Simon, Kodachrome, 1973, from ‘There Goes Rhymin Simon.) Eighteen months…
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Associate Professor of Business, Boston University
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Professor of Law, Cardozo Law School, Yeshiva University
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Associate Professor of Law, Emory University
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Lecturer in Finance, University of Canberra
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Lecturer in Law, Lancaster University
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Economist, Professor of Law, Vanderbilt University
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Professor of Corporate Law, University of Sydney
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Professor of Law, Temple University
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Professor, Gender & Women's Studies, Anthropology & Marine Affairs, University of Rhode Island
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Professor of Anthropology and Marine Affairs, University of Rhode Island
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Professor of Law, University of North Carolina at Chapel Hill
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Professor of Economics, Michigan State University
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Senior lecturer, Queensland University of Technology
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Professor of Operations Research, Brock University
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Senior Lecturer in Business Law and Corporations Law, Griffith University