June, 2020

The Chrysler and General Motors bankruptcies

  • Todd Zywicki

    George Mason University Foundation Professor of Law, Antonin Scalia Law School, George Mason University
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Describes and critiques the Chrysler and General Motors bankruptcy cases with a focus on federal government intervention. Concludes that such intervention distorted the bankruptcy process to rescue companies that might well have been saved through ordinary bankruptcy process, perhaps as aided with less intrusive government participation.