Bankruptcy

Hedge Funds Find a Sweet Spot in Distressed Firms
By sitting on creditor committees of companies under bankruptcy protection, investors tap into valuable intel

Tracking the Rise of Zombie Companies
The last 30 years have been good for the corporate walking dead. But for how much longer?
Busting into Bankruptcy’s Black Box
Wei Wang on the business of going bust and helping firms in dire straits
Research Brief: The Value of Time-Tested Bankruptcy Judges
Firms seeking Chapter 11 protection may want to shop for a judge with plenty of on-the-job experience
Research Brief: Innovation as a Bankruptcy Lifeline
For firms desperate to restructure, intellectual property is in an asset class of its own
Research Brief: For CEOs, Chapter 11 is Rarely a Horror Story
After leading their firms to bankruptcy, one-third of CEOs remain as corporate captains with their compensation intact
Bankruptcy Bonuses: What’s There Not to Like?
It may be bad optics, but the likelihood of a firm's emergence from bankruptcy is greater when key employees are paid incentive bonuses
Research Brief: Hedge Funds Come to Help, Not Harm, Bankrupt Firms
Failed companies have a better chance of recovering from bankruptcy if hedge funds are in the driver's seat