Financial Characteristics of Businesses in Bankruptcy

  title={Financial Characteristics of Businesses in Bankruptcy},
  author={Elizabeth Warren and Jay Lawrence Westbrook},
  journal={Harvard Law School},
The Business Bankruptcy Project is a five-year empirical study of about 3,200 business cases originally filed in Chapter 7, Chapter 11 and Chapter 13 in 23 judicial districts during 1994. This first report focuses on financial and demographic data, creating a statistical profile of the businesses in bankruptcy. The data reported in this paper include assets, debts, solvency, corporate or individual debtor type, classification of industries, number of employees, and reasons for filing; the data… Expand
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  • 2007
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