Key points are not available for this paper at this time.
Jerold B. Warner, Bankruptcy Costs: Some Evidence, The Journal of Finance, Vol. 32, No. 2, Papers and Proceedings of the Thirty-Fifth Annual Meeting of the American Finance Association, Atlantic City, New Jersey, September 16-18, 1976 (May, 1977), pp. 337-347
Jerold B. Warner (Sun,) studied this question.