Does pre‐packed bankruptcy create value? An empirical study of postbankruptcy employment retention in The Netherlands

In recent years, there has been growing interest in whether pre‐packed bankruptcy can be a mechanism through which firms facing imminent insolvency can preserve value. Although an extensive body of literature exists on “pre‐packs,” whether such techniques really preserve value remains ambiguous. By...

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Bibliographic Details
Published in:International insolvency review 2019-12, Vol.28 (3), p.320-339
Main Authors: Aalbers, Henrick, Adriaanse, Jan, Boon, Gert‐Jan, Rest, Jean‐Pierre, Vriesendorp, Reinout, Van Wersch, Frank
Format: Article
Language:English
Subjects:
Bankruptcy
Bankruptcy reorganization
Creditors
Employment
Insolvency
Retention
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