@article{0b9599da86084da38df7fccaeb25b4cc,
title = "The Costs and Benefits of Secured Creditor Control in Bankruptcy: Evidence from the UK",
author = "Walters, \{Adrian J\} and \{Wen-hsin Hsu\}, Audrey and John Armour",
note = "The theoretical literature debates whether debtors should be permitted to contract with lenders over control rights in bankruptcy. Proponents point to coordination benefits from concentrating control rights; detractors point to inter-creditor agency costs. A recent reform of UK bankruptcy law provides an opportunity to test these theories. The Costs and Benefits of Secured Creditor Control in Bankruptcy: Evidence from the UK, 8 Review of Law \& Economics 101 (2012) (with J. Armour \& A. Hsu).",
year = "2012",
language = "American English",
volume = "8",
journal = "Review of Law \& Economics",
}