The financial crisis of 2007-2009 witnessed a spectacular parade of bankruptcies,
distressed sales, and bailouts of major financial and industrial firms. The government …

Ms. G lived alone in an apartment in New York City. In her seventies, Ms. G was starting to
show signs of physical frailty, impaired vision, and forgetfulness. She was also beginning to …

Since the outset of the recent financial crisis, liquidity problems have been cited as the
cause behind the bankruptcies and near bankruptcies of numerous firms, ranging from Bear …

One of the few areas of American finance that the financial reforms of 2010 did not
dramatically restructure was bankruptcy. Designed for financially troubled firms (and …

BANKRUPTCY priority rules are fixed-or so it seems. Absolute priority is central to the
structure of business reorganization and is, quite appropriately, bankruptcy's most important …

From social media to mortgage-backed securities, innovation carries both risk and
opportunity. Groups of people win, and lose, when innovation changes the ground rules …

For nearly two years, the two of us have had a running discussion of the costs and benefits
of automatic stays in bankruptcy for qualified financial contracts (QFCs) such as derivatives …

THINGS FALL APART: REGULATING THE CREDIT DEFAULT SWAP COMMONSt Page 1
THINGS FALL APART: REGULATING THE CREDIT DEFAULT SWAP COMMONSt KRISTIN N …

Payment, clearing, and settlement systems constitute a central component in the
infrastructure of financial markets. These businesses provide channels for executing the …

COLUMBIA BUSINESS LAW REVIEW journalists, 2 government officials,'and even some
prominent financiers4 love to hate. However, even some of the CDS market's harshest critics …