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Rescuing Business

Rescuing Business

The Making of Corporate Bankruptcy Law in England and the United States

by Bruce G. Carruthers and Terence C. Halliday
Hardback
Publication Date: 09/07/1998

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Corporate bankruptcy is a defining characteristic of the market economy. It encapsulates the fundamental conflicts between capital and labour, owners and managers, debtors and creditors, the state and the market. Yet, with one or two notable exceptions, the political and social dynamics of bankruptcy law and practice have been overlooked by serious socio-legal scholars. This book remedies that neglect. Adopting an approach that compares
English and American law, the authors identify the underlying political forces that established corporate bankruptcy law on both sides of the Atlantic. The book demonstrates how, by a recursive loop of
professional self-interest, corporate insovency regulation is the creation of the lawyers who interpret and administer it. This book will be welcomed as an important sociological study and advances our understanding of how substantive law results from conflicts among the professionals who help to create it.
ISBN:
9780198264729
9780198264729
Category:
Bankruptcy & insolvency
Format:
Hardback
Publication Date:
09-07-1998
Language:
English
Publisher:
Oxford University Press
Country of origin:
United Kingdom
Pages:
598
Dimensions (mm):
224x146x37mm
Weight:
0.91kg

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