By Alvin Velazquez (Indiana University Maurer School of Law) The main character in 2019 Game of the Year Award winning video …
Liability Management Exercises Mature
By Robert Miller (University of South Dakota Law School) When large, distressed entities restructure, they typically prefer …
Continue Reading about Liability Management Exercises Mature
Outnumbered, Not Outplayed: Minority Lenders Successfully Challenge Exclusive Backstop Agreement on Equal Treatment Grounds in ConvergeOne
By Debora Hoehne, Robert J. Lemons, Artem Skorostensky, and Katherine Lynn (Goodwin Procter) The District Court for the …
Insolvency and systemic risks: The macroeconomic costs of director duties in crisis
By Adi Marcovich Gross (Reichman University & The Wharton School) The traditional thinking is that insolvency duties …
Recognition of Nonconsensual Third-Party Releases in Ch. 15 After Purdue
By George W. Shuster, Jr. (WilmerHale) and Benjamin W. Loveland (WilmerHale) The Supreme Court’s decision in Harrington v. …
Continue Reading about Recognition of Nonconsensual Third-Party Releases in Ch. 15 After Purdue
Bankruptcy’s Demise: The Flawed Safe Harbor
By Steven L. Schwarcz (Duke University of Law) The primary goals of corporate reorganization under Chapter 11 of the federal …
Continue Reading about Bankruptcy’s Demise: The Flawed Safe Harbor
Tariffs, a Trade War, and Tumult in the Global Trading System: Yet Another Potential Economic Shock to Emerging Economies
By Steven T. Kargman (Kargman Associates) The tariffs announced by the Trump administration are widely expected to lead to …
Assessing the Legitimacy of the “Texas Two-Step” Mass-Tort Bankruptcy
By Ralph Brubaker (University of Illinois College of Law) This three-part article analyzes the innovative "Texas Two-Step" …
Continue Reading about Assessing the Legitimacy of the “Texas Two-Step” Mass-Tort Bankruptcy
The Treatment of Digital Assets in Insolvency
By Nydia Remolina (Singapore Management University, Yong Pung How School of Law), Aurelio Gurrea-Martínez (Singapore Management …
Continue Reading about The Treatment of Digital Assets in Insolvency
Legal Heterodoxy in the Global South: Priority of Workers versus Secured Creditors in Insolvency
By Kevin Davis (New York University), Mariana Pargendler (Harvard Law School), and Maria Eduarda Lessa (No affiliation) Our …
Key Lessons for Aircraft Lessors from the Ukraine/Russia Conflict: A Bankruptcy Perspective
By Gulnur Bekmukhanbetova (U.C. Berkeley, graduate) and Ainur Merziyasheva (Vice President, Legal Counsel, Citibank …
Bankruptcy as a National Security Risk
By Jason Jia-Xi Wu (Law Clerk; Harvard Law School) Defense contractors lie at the heart of the U.S. national security regime. …
Continue Reading about Bankruptcy as a National Security Risk
Sustainable Bankruptcy
By G. Ray Warner (St. John's University) Sustainability is about consequences, and a sustainable approach to bankruptcy …
A Mill of Miller: Examining the Supreme Court’s Recent Bankruptcy Jurisprudence
Editor's Note: This is the Harvard Law School Bankruptcy Roundtable’s last scheduled post for the summer of 2025. The BRT intends …
Mind the Gap: The Uncertain Status of Aircraft Lenders to Foreign Airlines in Chapter 11
By Prof. Kenneth Ayotte (University of California, Berkeley School of Law) and Gulnur Bekmukhanbetova (Winstead PC) On July …
Crossing the Rubicon: Assembling a Litigation Colossus in Mass Torts
By Samir Parikh (Wake Forest University School of Law) In 2021, Arizona created the alternative business structure (ABS), …
Continue Reading about Crossing the Rubicon: Assembling a Litigation Colossus in Mass Torts
Exit Consents in a Liability Management World
By Dennis Jenkins (Willkie Farr & Gallagher LLP) As liability management exercises (LMEs) and creditor-on-creditor …
Continue Reading about Exit Consents in a Liability Management World
Bankruptcy Law’s Doctrinal Evolution: An Empirical Study
By Alex Huang (University of Hong Kong) Bankruptcy law professors often remind their students that although the Bankruptcy …
Continue Reading about Bankruptcy Law’s Doctrinal Evolution: An Empirical Study
Judge Goldblatt Reconsiders What Constitutes“Consent” Post Purdue Pharma
By Michelle Saney (Squire Patton Boggs) On June 27, 2024, the Supreme Court issued its long-awaited ruling regarding an …
Continue Reading about Judge Goldblatt Reconsiders What Constitutes“Consent” Post Purdue Pharma
The Backstop Party
By Professor Vince Buccola (University of Chicago Law School), Adi Marcovich Gross (Columbia Law School and The Wharton School), …
















