Prof. Jayanth R. Varma's Financial Markets Blog

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Prof. Jayanth R. Varma's Financial Markets Blog, A Blog on Financial Markets and Their Regulation. This blog is currently suspended.

© Prof. Jayanth R. Varma
jrvarma@iima.ac.in

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Mon, 03 May 2021

Lessons from the Hertz Bankruptcy for Indian Bankruptcy Law

The pandemic induced Hertz bankruptcy in the US has upended a whole lot of what we thought we knew about how to run a bankruptcy proceeding.

What we used to think

What Hertz taught us

Hertz reminds us that there are many exceptions to the received wisdom that guides our thinking and statutes about bankruptcy.

Posted at 13:20 on Mon, 03 May 2021     0 comments     permanent link

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