Leveraged Buyouts and Bankruptcy: Hearings Before the Subcommittee on Economic and Commercial Law of the Committee on the Judiciary, House of Representatives, One Hundred First Congress, Second Session, January 30, March 1, and May 17, 1990, Volume 4 |
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Common terms and phrases
acquisition Airlines amended antitrust antitrust bulletin assets bank Bankr Bankruptcy Code bankruptcy courts bankruptcy judge bankruptcy law benefit Bloomingdale's bonuses BROOKS business judgment rule buyer Campeau Campeau Corp cash Chairman chapter 11 committee competitive CONGRESS THE LIBRARY Corp corporate creditors deal debtor Defendants divestiture Drexel Burnham Lambert economic employees equity Federal Reserve Filene's Basement firm fraudulent conveyance fraudulent transfer law funds going GREENSPAN HARKINS industry insolvency interest investment issue Judge BODOH Judge LEE junk bonds largest LBO debt LBO's lender leveraged buyout LIEB liquidation loan MAZZOLI mergers and acquisitions million MOORHEAD operations payment percent Plaintiffs problem protect purchase question section 548 securities shareholders SIPA SMITH of Florida statute stockbroker stockholders subcommittee Supp supra note takeover Target Thank tion transaction Transmogrification Transmogrification of policy United States Trustee unreasonably small capital WALL ST
Popular passages
Page 257 - Judgment to apply to this Court at any time for such further orders and directions as may be necessary or appropriate for the construction or carrying out of this Final Judgment, or the modification or termination of any of the provisions thereof...
Page 253 - This Court has jurisdiction of the subject matter of this action and of the parties hereto. The complaint states a...
Page 285 - But the cruellest of our revenue laws, I will venture to affirm, are mild and gentle, in comparison of some of those which the clamour of our merchants and manufacturers has extorted from the legislature, for the support of their own absurd and oppressive monopolies.
Page 257 - VII shall be divulged by any representative of the Department of Justice to any person other than a duly authorized representative of the Executive Branch of the...
Page 253 - ... having severally consented to the entry of this Final Judgment without trial or adjudication of any...
Page 254 - ... subsidiaries, successors, and assigns, and to all other persons in active concert or participation with any such defendant who shall have received actual notice of this Final Judgment by personal service or otherwise.
Page 257 - Branch of the plaintiff except in the course of legal proceedings to which the United States is a party for the purpose of securing compliance with this Final Judgment, or as otherwise required by law.
Page 324 - A person is insolvent when the present fair salable value of his assets is less than the amount that will be required to pay his probable liability on his existing debts as they become absolute and matured.
Page 284 - It cannot be very difficult to determine who have been the contrivers of this whole mercantile system; not the consumers, we may believe, whose interest has been entirely neglected; but the producers, whose interest has been so carefully attended to; and among this latter class our merchants and manufacturers have been by far the principal architects.
Page 288 - ... reasonable probability conveyed by these words is a necessary element in any statute which seeks to arrest restraints of trade in their incipiency and before they develop into full-fledged restraints violative of the Sherman Act. A requirement of certainty and actuality of injury to competition is incompatible with any effort to supplement the Sherman Act by reaching incipient restraints.