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The Law of Failure on Hardback by Stephen J Lubben
The Law of Failure on Hardback by Stephen J Lubben
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The Law of Failure

A Tour Through the Wilds of American Business Insolvency Law
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Description

If a broker-dealer liquidates in federal bankruptcy court, why does an insurance company liquidate in state court, and a bank outside of court altogether? Why do some businesses re-organize under state law 'assignments', rather than the more well-known Chapter 11 of the Bankruptcy Code? Why do some laws use the language of bankruptcy but without advancing policy goals of the Bankruptcy Code? In this illuminating work, Stephen J. Lubben tackles these questions and many others related to the collective law of business insolvency in the United States. In the first book of its kind, Lubben notes the broad similarities between the many insolvency systems in the United States while describing the fundamental differences lurking therein. By considering the whole sweep of these laws - running the gamut from Chapter 11 to obscure receivership provisions of the National Bank Act - readers will acquire a fundamental understanding of the 'law of failure'.

Author Biography:

Stephen J. Lubben holds the Harvey Washington Wiley Chair in Corporate Governance and Business Ethics at Seton Hall University School of Law. From 2010 to 2017 he was the 'In Debt' columnist for the New York Times's DealBook page. He has been widely quoted by courts and the media on Chapter 11 cases, and has been retained as an expert in insolvency cases around the world. He previously practiced law with the New York and Los Angeles offices of Skadden, Arps, Slate, Meagher & Flom, as a member of the corporate restructuring department.
Release date Australia
August 16th, 2018
Audience
  • Professional & Vocational
Illustrations
Worked examples or Exercises; 3 Tables, black and white; 8 Halftones, black and white
Pages
192
Dimensions
157x235x16
ISBN-13
9781107190290
Product ID
27599368

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