Corporate bankruptcy presents a puzzle. Why does the law provide special rules that apply
only in financial distress? One can imagine 1-or advocate for-a world in which no such rules …

This state of affairs, however, is very far from inevitable. An alternative conception of priority-
relative priority-once flourished. 3" Relative priority" 1 The doctrine was first established in …

Spend a day in a busy bankruptcy court and your research agenda could be set for life.
Bankruptcy is crisis management for individuals, business entities, and even governments …

Academics have long debated whether the order of bankruptcy distributions should be"
absolute" or" relative." Should courts have the flexibility to scramble priority to serve some …

Practice under chapter 11 depends on bargaihing and negotiation to produce a plan
ofreorganization for the corporate debtor. Because this bargaining occurs behind closed …

Litigation finance refers to investments in litigation by a third person not originally a party to
the suit. Whether the country should embrace this. new practice has sparked debate among …

Several states recently have passed laws that permit and regulate gestational surrogacy,
changing course from the prohibitions that characterized an earlier era. These statutes …

Large organizations sometimes fail, and when they do, courts may be asked to provide a
remedy. Often, the remedy is restructuring. Perhaps the largest categories of judicial …

The Supreme Court's most recent foray into the world of corporate reorganization, in
Czyzewski v. Jevic Holding Corporation, reveals as much about the conceptual …

NOTE THE NEED FOR DIGNITARY JUSTICE FOR TORT CREDITORS IN CHAPTER 11
BANKRUPTCY Page 1 NOTE THE NEED FOR DIGNITARY JUSTICE FOR TORT CREDITORS …