Try our Advanced Search for more refined results

Expert Analysis - Opinion

PG&E Bankruptcy Will Test Shareholder Capitalism

By J.B. Heaton ( September 16, 2019, 12:32 PM EDT) -- Shareholders are said to be residual claimants. This means that shareholders ought to be paid in full only after the corporation pays its creditors. Outside bankruptcy proceedings, this idea is barely alive. Corporations routinely give assets away to their shareholders in the form of dividends and share repurchases long before they have satisfied creditors, both voluntary contract creditors and involuntary tort creditors....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!