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Bargaining in the Shadow of the Enterprise Act 2002

Published online by Cambridge University Press:  04 May 2004

Daniel Prentice
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Abstract

This note sets out some preliminary ideas on the potential impact of the Enterprise Act 2002 on the bargaining strategy of secured lenders. Such strategy will be designed to limit the adverse impact of the Act on the erosion of secured lenders' enforcement rights. Sophisticated parties will bargain in the shadow of the law and, if accorded the necessary freedom, will bargain around it.

Keywords

bankruptcyliquidationlawfinanceEnterprise Act 2002
Type
Articles
Information
European Business Organization Law Review (EBOR) , Volume 5 , Issue 1 , April 2004 , pp. 153 - 158
Copyright
© T.M.C. Asser Press 2004

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