Powerpoint: Bankruptcy Immunities, Transparency, and Capital Structure

  title={Powerpoint: Bankruptcy Immunities, Transparency, and Capital Structure},
  author={Michael N Simkovic},
  journal={ERN: Intertemporal Firm Choice \& Growth},
  • M. Simkovic
  • Published 11 January 2011
  • Law, History
  • ERN: Intertemporal Firm Choice & Growth
Summarizes and further develops themes from "Secret Liens and the Financial Crisis of 2008".Secret Liens:This article explains the roots of financial crises in one of the oldest and most fundamental problems of commercial law: hidden leverage. Common law courts wrestled with this problem for centuries and developed a time - tested solution: the doctrine of secret liens. If the debtor becomes insolvent, the doctrine of secret liens punishes secret lien holders by subordinating their claims to… 
1 Citations

Brexit and the Future of the European Union

  • E. Gotham
  • Economics, Law
    Contemporary Issues in International Political Economy
  • 2019
The UK’s departure from the European Union (EU) will increase political and economic instability on both sides of the English Channel. It also adds economic strain on the remaining members of the