Bankruptcy: The Liability Management Exercise

Harvard HLS

Prerequisites/Corequisities: Students must have completed, or be concurrently enrolled in Bankruptcy or Corporate Restructuring, or please seek instructors' permission based on student’s other background. Exam Type: No Exam In this one-credit course, we will examine in depth the newest eve-of-bankruptcy transaction, the so-called Liability Management Exercise. We’ll study the major judicial decisions and analyses, study how contract is used to control (and can fail to control) these…