The Yale Law Journal

Results for 'lemons criteria'

Ex Ante Review of Leveraged Buyouts

market for lemons develops in which debtors cannot expect lower interest rates by credibly committing to covenants precluding risky leveraged transactions

Stuck! The Law and Economics of Residential Stagnation

two criteria: either it is “generally not paying its debts as they become due” or it will be “unable to pay its debts as they become due” in the

Ice Cube Bonds: Allocating the Price of Process in Chapter 11 Bankruptcy

become routine in the current bankruptcy system, they may lead to a “lemons problem” or a persistent bad information equilibrium. c. Leverage

Who Bleeds When the Wolves Bite? A Flesh-and-Blood Perspective on Hedge Fund Activism and Our Strange Corporate Governance System

squeezing the corporate lemon to get the most juice right now at the expense of growing future lemons does not help human investors build wealth, as they