In Arabic iflas (إفلاس). In general, it is a situation when a person runs short of funds. The bankrupt person…

In Arabic iflas (إفلاس). In general, it is a situation when a person runs short of funds. The bankrupt person...

A public shell that has been formed either through issuance of shares following a bankruptcy (these shares are publicly tradable under…

A public shell corporation that has been formed either through issuance of shares following a bankruptcy (these shares are publicly…

In general, it refers to the state of a person (natural or legal) being unable to pay the debts it...

A provision in bankruptcy proceedings that determines the pecking order in the event of a company’s liquidation or reorganization. This...

Securities such as stocks, bonds, and trade or financial claims of companies which are in or close to financial distress....

The costs incurred by a firm due to bankruptcy. These costs consist of direct and indirect components:: Total bankruptcy costs...

The costs incurred by a firm due to bankruptcy such as lost sales (customers become reluctant to purchase from a...

The bankruptcy costs incurred by a firm as an indirect result of the bankruptcy process such as lost sales (customers become reluctant to purchase...