The University of Pennsylvania professor discusses the recent backlash against the bankruptcy system — including against judge shopping, the Texas Two-Step and third-party releases — and what can be done.
Several novel issues are likely to arise, including the treatment of custodial funds, the treatment of collateral held by cryptocurrency lenders that go bankrupt, avoidance actions and plan feasibility.
The UC Hastings Law professor discusses his new paper, which quantifies a trend gaining increasing attention, the increase in directors with bankruptcy experience on the boards of companies entering Chapter 11.
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