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Jared Ellias on Regulating Bankruptcy Bonuses

Published on: Author: John Crawford

In 2005, popular disgust with several high-profile cases of bankrupt firms paying top executives large “retention” bonuses led Congress to prohibit such bonuses for firms in Chapter 11. In a forthcoming article in the Southern California Law Review, Regulating Bankruptcy Bonuses, Professor Jared Ellias suggests that firms have found ways to evade this prohibition, so… Continue reading

Jared Ellias on Bankruptcy Forum Shopping

Published on: Author: Jodi Short

What drives forum-shopping? Is it that sophisticated litigants seek jurisdictions that offer judicial expertise and predictable application of the law, or is it that sophisticated litigants seek to game the system by seeking out judges more likely to be biased in their favor? In “What Drives Bankruptcy Forum Shopping? Evidence from Market Data,” Professor Jared… Continue reading