Bankruptcy Insights
Jim shares his extensive experience with bankruptcies, revealing that liquidations are rare compared to reorganizations. He highlights the significant friction costs associated with large cases, emphasizing the importance of monitoring professional fees. Despite the challenges, he argues that Chapter Eleven remains one of the most efficient reorganization statutes globally, having influenced bankruptcy reforms in various countries.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep 11 All Else Equal with Jim Millstein: "Is Bankruptcy the End?"
Related Questions