Editor's Note: The Harvard Law School Bankruptcy Roundtable is excited to bring readers the first entry in a new semi-annual …
Continue Reading about BRT Book Corner: Unjust Debts; The Financial Restructuring Tool Set
Filling an Empty Arsenal: Puerto Rico’s Bankruptcy from the Recovery Act to PROMESA
By Richard Cooper (Cleary Gottlieb) and Antonio Pietrantoni (Pietrantoni Mendez & Alvarez) Editor's Note: This article was …
Death, Bankruptcy, and the Public Hospital
By Michael Francus (Notre Dame Law School) The COVID-19 pandemic highlighted, and strained, finances across the healthcare …
Continue Reading about Death, Bankruptcy, and the Public Hospital
How Cities Fail: Service Delivery Insolvency and Municipal Bankruptcy
By Clayton Gillette (New York University School of Law) Courts in municipal bankruptcy cases have confronted the inherent …
Continue Reading about How Cities Fail: Service Delivery Insolvency and Municipal Bankruptcy
Notes from the Puerto Rico Oversight (Not Control) Board
By David Skeel (University of Pennsylvania Law School) On June 30, 2016, Congress passed the Puerto Rico Oversight, Management …
Continue Reading about Notes from the Puerto Rico Oversight (Not Control) Board
Reprofiling Today for a Sustainable Tomorrow: A Unilateral Italian Debt Restructuring
By Emma Cervantes, Victoria Dodev, Shane Ellement, Isabelle Sawhney (Duke University, School of Law) Italy has €2.4 trillion of …
A Sovereign Debt Restructuring Framework for the Euro Area
By Sebastian Grund, Mikael Stenström (European Central Bank) Our new paper discusses the legal framework for sovereign debt …
Continue Reading about A Sovereign Debt Restructuring Framework for the Euro Area
Sovereign Debt Restructuring and English Governing Law
By Steven L. Schwarcz (Duke University School of Law) This Roundtable post is based on the author’s forthcoming article, Sovereign …
Continue Reading about Sovereign Debt Restructuring and English Governing Law
Puerto Rico Files for Bankruptcy Under PROMESA Title III
By Richard J. Cooper, Luke A. Barefoot, Jessica E. McBride, Daniel J. Soltman, and Antonio Pietrantoni (Cleary Gottlieb Steen …
Continue Reading about Puerto Rico Files for Bankruptcy Under PROMESA Title III
Puerto Rico and the Netherworld of Sovereign Debt Restructuring
By G. Mitu Gulati (Duke Law School) and Robert K. Rasmussen (University of Southern California Gould School of Law) Puerto Rico …
Continue Reading about Puerto Rico and the Netherworld of Sovereign Debt Restructuring
Gatekeepers Gone Wrong: Reforming the Chapter 9 Eligibility Rules
By Laura N. Coordes (Arizona State University Law School) In order to gain access to chapter 9 bankruptcy, municipalities must …
Continue Reading about Gatekeepers Gone Wrong: Reforming the Chapter 9 Eligibility Rules
Falling Cities and the Red Queen Phenomenon
By Samir D. Parikh (Lewis and Clark Law School) and Zhaochen He (Lewis and Clark College) Cities and counties are failing. …
Continue Reading about Falling Cities and the Red Queen Phenomenon
Municipal Borrowing Costs and State Policies for Distressed Municipalities
By Pengjie Gao (University of Notre Dame), Chang Lee (University of Illinois at Chicago), and Dermot Murphy (University of …
Continue Reading about Municipal Borrowing Costs and State Policies for Distressed Municipalities
Puerto Rico Update: White House Weighs in with a Proposal
With over $70 billion in debt and little cash to fund its ongoing operations, Puerto Rico remains in a state of fiscal crisis. …
Continue Reading about Puerto Rico Update: White House Weighs in with a Proposal
A New Fulcrum Point for City Survival
By Samir D. Parikh, Lewis & Clark Law School Municipalities face daunting fiscal challenges that threaten debt repayment and …
Continue Reading about A New Fulcrum Point for City Survival
From Chrysler and General Motors to Detroit
By David A. Skeel, Jr., University of Pennsylvania Law School In the past five years, three of the most remarkable bankruptcy …
Continue Reading about From Chrysler and General Motors to Detroit
U.S. District Court Holds that Puerto Rico’s Recovery Act is Unconstitutional
By Mark Ellenberg, Howard Hawkins, Lary Stromfeld, Ivan Loncar, and Thomas Curtin of Cadwalader Wickersham & Taft LLP On …
Continue Reading about U.S. District Court Holds that Puerto Rico’s Recovery Act is Unconstitutional
Puerto Rico Public Corporation Debt Enforcement and Recovery Act
Puerto Rico is facing the most critical fiscal situation in its history. Its public corporations are especially compromised, …
Continue Reading about Puerto Rico Public Corporation Debt Enforcement and Recovery Act
Fair and Unfair Discrimination in Municipal Bankruptcy
By Richard M. Hynes and Steven D. Walt, University of Virginia School of Law Some bankrupt municipalities have proposed plans of …
Continue Reading about Fair and Unfair Discrimination in Municipal Bankruptcy