Bankruptcy Reform

Rethinking “Too Big To Fail”

By Saule T. Omarova (Cornell University) “Too big to fail” – or “TBTF” – is a popular metaphor for a core dysfunction of today’s …

By Jared A. Ellias (University of California, Hastings) & Robert Stark (Brown Rudnick LLP) On the eve of the financial crisis, …

By Robert K. Rasmussen (University of Southern California Gould School of Law) It is common to observe that investors receive both …

By Gerard McCormack (University of Leeds) and Wai Yee Wan (Singapore Management University - School of Law) In 2017, Singapore …

By Bo Li (Tsinghua University - PBC School of Finance) and Jacopo Ponticelli (Kellogg School of Management - Department of …

By Radhakrishnan Gopalan (Washington University in St. Louis - John M. Olin Business School), Todd A. Gormley (Washington …

On November 13, 2018, the Senate Judiciary Committee held a hearing on “Big Bank Bankruptcy: 10 Years After Lehman Brothers,” in …

By Jared Ellias (University of California, Hastings) In 2005, the perception that wealthy executives were being rewarded for …

By David A. Skeel, Jr. (University of Pennsylvania Law School) Over the past several years, Congress has considered various …

By Christopher W. Frost (University of Kentucky - College of Law) The historical and doctrinal development of secured transactions …

Kenneth Ayotte (U.C. Berkeley School of Law); Edward R. Morrison (Columbia Law School) In bankruptcy, valuation drives disputes. …

By Wolf-Georg Ringe (University of Hamburg - Institute of Law & Economics; University of Oxford - Faculty of Law). Over the …

Richard M. Hynes and Steven D. Walt (University of Virginia School of Law). Courts have developed a series of controversial …