This article engages with a fundamental, but under-theorized, fact: that modern corporate restructuring generally, and UK US specifically, are frequently processes in which only selected creditors impaired by the plan, treat of equal rank unevenly. selectivity stands contrast to foundational idea insolvency as collective process, individual creditors’ rights enforcement suspended for good gener...

B. Gajdzik, The Silesian University of Technology, Faculty of Materials Science and Metallurgy, Katowice, Poland The article presents the assumptions for construction of a transformation restructuring model which describes, in a complex way, the range of changes implemented in metallurgical enterprises in Poland in time of economical changes. The model was prepared on the basis of thorough rese...

The underlying mechanisms giving rise to insightful problem solving are largely unknown, although models have been proposed that suggest phases of incubation, restructuring, and insight. Here, we propose a single computational mechanism that models the dynamics of structuring percepts to create an internal belief representation and subsequent restructuring of that belief representation, in whic...

The capitalist and socialist societies of the 20 century assigned firms different roles within their economic systems. Enterprises transforming themselves from socialist to market economies thus face fundamental organizational restructuring. Many former state-owned firms in the transitional economies of Central and Eastern Europe failed, so far, at this task. Firms pursued primarily defensive d...