Cases, Problems, and Materials on Bankruptcy
Files
Description
There have been two important developments in the world of bankruptcy since the publication of the Revise Third Edition. The first is the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, which imposes a means test on individual debtors ion bankruptcy and tinkers with the rules that govern small business debtors. The second development is not new bankruptcy law, but a significant change in bankruptcy practice. In recent years, the secured creditor has increasingly come to dominate the Chapter 11 reorganization process, usurping the traditional role of prebaunkruptcy management as the debtor in possession. These developments, along with some important recent cases, are the main subjects of the material added in this edition. Nevertheless, bankruptcy remains a domain with coherent principles that unite it. Focusing on these principles should prepare you for whatever you encounter, regardless when or in what form new bankruptcy legislation comes to us.
Publication Date
2007
Edition
4
Recommended Citation
Adler, Barry E.; Baird, Douglas G.; and Jackson, Thomas H., "Cases, Problems, and Materials on Bankruptcy" (2007). Faculty Books & Edited Works. 2.
https://gretchen.law.nyu.edu/fac-books-edited-works/2
