ABOLITION OF THE CORPORATE DUTY TO CREDITORS
- Governance and Your Debt Rating. Hazell, Laurence P. // NACD Directorship;Nov2006, Vol. 32 Issue 10, p30
The article focuses on the observation of credit analysts and governance specialists of Standard & Poor's regarding the perceived links between credit quality and certain elements of corporate governance in the U.S. It says that equity owners' right are significant to credit analysis....
- Supreme court rules on new value case. Tatelbaum, Charles M. // Business Credit;Jun99, Vol. 101 Issue 6, p38
Reports on the ruling by the United States Supreme Court on the new value exception to the absolute priority rule in Chapter 11 bankruptcy proceedings. Permission for principals of a debtor to infuse new capital into the debtor as part of the Chapter 11 plan; Right of shareholders to propose a...
- Stock Appreciation Rights Are Part of Bankruptcy Estate. // Benefits Magazine;Jan2011, Vol. 48 Issue 1, p52
The article discusses the court case Parks et al versus Dittmar et al. It involves debtors who used to work at a company and later became employees of a subsequent firm when their plant was purchased. According to the bankruptcy court, the collective bargaining agreement (CBA) ratified by the...
- Infoline. // NACD Directorship;Jul/Aug99, Vol. 25 Issue 7, p18
Presents news briefs on directorship-related issues worldwide as of July/August 1999. Update on shareholder rights plans; Shareholder voting guidelines from Great Britain; Rating of companies listed on major exchanges in Europe according to corporate governance standards.
- Deutsche Bank backs Air Canada creditors deal. Knibb, David // Airline Business;Jun2004, Vol. 20 Issue 6, p16
Reports on the decision of Deutsche Bank to support an expanded rights offering to Air Canada creditors. Terms under the agreement; Call of Deutsche Bank for labor unions to accede to a condition regarding labor concessions; Equity plan for Air Canada.
- TO FILE OR NOT TO FILE? SYSTEMIC INCENTIVES, CORPORATE CONTROL, AND THE TIMING OF THE BANKRUPTCY DECISION. Donoher, William J. // Academy of Management Proceedings & Membership Directory;2000, pP1
Historically, scholars have sought to understand the nature and antecedents of firm success. Relatively less attention has been paid to the question of why firms fail, despite the fact that understanding failure can facilitate our understanding of survival. This research seeks to investigate the...
- Prior Bankruptcy Automatically Tolls Lookback Period for Dischargeability of Tax Debt. Stuart, Jacqueline B. // Venulex Legal Summaries;2002 Q1, p1
The article reports on the ruling of the U.S. Supreme Court that the lookback period for determining whether tax debts are dischargeable is automatically tolled during the pendency of a prior bankruptcy case. Thus, a debtor's tax obligation is not dischargeable in a subsequent case even though...
- Supreme Court Report. Young, Rowland L. // American Bar Association Journal;Apr83, Vol. 69 Issue 4, p516
Focuses on cases handled by the United States Supreme Court during January 1983. Definition of shareholder rights in securities fraud cases; Expansion of concept of 'maritime employment'; Liability of trade-union for breach of duty in wrongful firing case.
- Monitoring Versus Bonding: Shareholder Rights and Management Compensation. Lippert, Robert L.; Moore, William T. // FM: The Journal of the Financial Management Association;Autumn1995, Vol. 24 Issue 3, p54
Using a sample of nearly 700 firms, we document a significant level of substitution between monitoring efforts by shareholders and bonding of Chief Executive Officers' (CEO) compensation with shareholder wealth. Direct shareholder monitoring effectiveness is measured by various dimensions of...