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  • Rescuing Business: The Making of Corporate Bankruptcy Law in England and the United States

    Rescuing Business by Carruthers, Bruce G.; Halliday, Terence C.;

    The Making of Corporate Bankruptcy Law in England and the United States

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    A termék adatai:

    • Kiadó OUP Oxford
    • Megjelenés dátuma 1998. július 9.

    • ISBN 9780198264729
    • Kötéstípus Keménykötés
    • Terjedelem598 oldal
    • Méret 224x146x37 mm
    • Súly 912 g
    • Nyelv angol
    • 0

    Kategóriák

    Rövid leírás:

    Corporate bankruptcy is a defining characteristic of the market economy. It encapsulates the fundamental conflict between capital and labour. Yet, with one or two notable exceptions, the political and social dynamics of bankruptcy law and practice have been largely overlooked by socio-legal scholars. This book remedies that neglect. It compares English and American insolvency laws to identify the underlying political forces that established corporate bankruptcy law on both sides of the Atlantic. It shows how corporate insovency regulation is the creation of the lawyers who interpret and administer it. This book will be welcomed as an important sociological study and advances our understanding of how substantive law results from conflicts among the professionals who help to create it.

    Több

    Hosszú leírás:

    Corporate bankruptcy is a defining characteristic of the market economy. It encapsulates the fundamental conflicts between capital and labour, owners and managers, debtors and creditors, the state and the market. Yet, with one or two notable exceptions, the political and social dynamics of bankruptcy law and practice have been overlooked by serious socio-legal scholars.

    This book remedies that neglect. Adopting an approach that compares English and American law, the authors identify the underlying political forces that established corporate bankruptcy law on both sides of the Atlantic. The book demonstrates how, by a recursive loop of professional self-interest, corporate insovency regulation is the creation of the lawyers who interpret and administer it.

    This book will be welcomed as an important sociological study and advances our understanding of how substantive law results from conflicts among the professionals who help to create it.

    via the theoretical framework, a useful perspective is offered that might be productively employed in other business history contexts ... A second contribution lies in the richness of the analysis of legal change during the specified periods ... the analysis is comprehensive and the work is a definitive future reference point on Anglo-American bankruptcy law. Most important of all, the book offers a valuable template for the study of corporate and institutional change.

    Több

    Tartalomjegyzék:

    Part 1. The Balance of Power in the Corporate Credit Network
    Meta-bargaining over Property Rights
    Professional Innovation and the Recursivity of Law
    The Structure of Influence in Bankruptcy Law-making
    Part 2. Reconstituting Property Rights
    Introduction
    Weakening the Strong: Banks and Secured Lenders (with J Scott Parrott)
    Restraining the State and Utilities
    Enabling Managers
    Empowering the Weak: The Forgotten Class
    Part 3. Reconstituing Jurisdictional Rights
    Introduction
    Privatization and Nationalization of Bankruptcy Administration
    Jurisdictional Conflicts in the Market
    Jurisdictional Struggles within the State
    Part 4. Conclusion
    Professions in the Institutionalization of Business Rescue

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