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Working Papers

Designing a Better Bankruptcy Resolution

Economics Working Paper WP13112

Sunday, December 1, 2013 0 min read By:

Kenneth E. Scott,

Research Team: Economic Policy Working Group,

Designing a Better Bankruptcy Resolution

By: Kenneth E. Scott

Working Group on Economic Policy: WP13112

Abstract:

This paper discusses the research that has been completed by the Resolution Project on developing a new chapter in the bankruptcy code: Chapter 14. The paper also discusses the financial crisis and the perceived shortcomings of the current bankruptcy code and the Dodd-Frank Act.