Courting Failure
Subtitle: How Competition for Big Cases Is Corrupting the Bankruptcy Courts
Edition: New Ed edition
Publisher: University of Michigan Press
Published: February 14, 2006
Language: eng
Format: Paperback
Number of pages: 322
ISBN-13: 9780472031702
Subjects: Bankruptcy & insolvency law; Legal Reference / Law Profession; Law; USA; Corporate; Law / Courts; Courts - General; Bankruptcy; Corporation law; Forum shopping; United States
First sentence: In 1884, James B. Dill was a young lawyer with a small New York City practice and a big idea.
Description: "LoPucki provides a scathing attack on reorganization practice. Courting Failure recounts how lawyers, managers and judges have transformed Chapter 11. It uses empirical data to explore how the interests of the various participants have combined to create a system markedly different from the one envisioned by Congress. LoPucki not only questions the wisdom of these changes but also the free market ideology that supports much of the general regulation of the corporate sector." -Robert Rasmussen, University of Chicago Law School.