In recent years attempts have been made to develop numerical models for unsteady flows in channels with sediment transport. This work was conducted to analyze two essential ingredients of any numerical model: the relationship between the hydraulic variables (slope, depth, and velocity), and the predictor of sediment concentration.
In general, a corporation in financial distress may take two routes. The first one corresponds to the liquidation in which the assets of the firm are sold either piecemeal or as a going concern. The proceeds from this sale are then divided among all the claimants in accordance with their priority rights. Alternatively, the firm may embark on a reorganization process whose purpose is to find a method to overcome the trouble. Typically, this process involves a negotiation between debtors and creditors with a view to establishing a new mechanism for the settlement of claims: writting off some of the claims, exchanging bonds and other debts with new notes, bonds, swapping new equities for old ones, injection of new capital. This paper aims at providing a formal analysis on the choice between these two options when firms get into financial difficulties.
The Central American—Dominican Republic—United States Free Trade Agreement (CAFTADR) focused the attention of many in the U.S.
