Publication Date

1987

Journal

Michigan Law Review

Abstract

The article critically examines Jackson's theories on bankruptcy law, arguing that his "creditor's bargain" model is logically inconsistent and lacks empirical support. It highlights flaws in his assumptions of creditor equality and the justification for bankruptcy discharge, ultimately concluding that his work is ad hoc and unverifiable.

Volume

85

Issue

5 & 6

First Page

1341

Last Page

1389

Publisher

University of Michigan Law School

Disciplines

Bankruptcy Law | Jurisprudence | Law

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