Prepacks and the adverse selection problem
The article presents the first detailed econometric analysis of prepackaged reorganization plans in Serbia. Pre-pack offers tremendous incentives for debtors in financial difficulties making it their preferred restructuring alternative. Using the sample of 97 cases, we show that prepack fails to f...
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| Format: | Article |
| Language: | English |
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University of Belgrade, Faculty of Law, Belgrade, Serbia
2015-01-01
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| Series: | Anali Pravnog Fakulteta u Beogradu |
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| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2015/0003-25651501151R.pdf |