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THE EMPTY IDEA OF \EQUALITY OF CREDITORS\
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Journal Article
THE EMPTY IDEA OF \EQUALITY OF CREDITORS\
2018
Overview
The equality of creditors norm is widely viewed as the single most important principle in American bankruptcy law, rivaled only by our commitment to a fresh start for honest but unfortunate debtors. Equality of creditors teaches that similarly situated creditors should be treated similarly. Thus if one general creditor will be paid 25% of what it is owed, others also should receive 25%.
Publisher
students of the University of Pennsylvania Law School,University of Pennsylvania Carey Law School,University of Pennsylvania, Law School,University of Pennsylvania Law School
Subject
