Bankruptcy in the Time of COVID-19
Given the impact of the COVID-19 pandemic, America is facing an unprecedented wave of insolvency. Professor Edward Morrison explains what is new in the bankruptcy rules and under what circumstances a Chapter 7, 11, or 13 can be used to help individuals and businesses. The professor further weighs in on the role bankruptcy may play in the nation's economic recovery.
(This interview is a part of our "Law in the Time of Covid-19" collaborative series with Columbia Law School)
Additional Resources
ENJOY THE FULL VIDEO SERIES
Part 1: Law in the Time of COVID-19
Part 3: Vulnerable Populations in a Pandemic
ABOUT "LAW IN THE TIME OF COVID-19"
In response to the COVID-19 pandemic and its social, political, and economic effects, members of the Columbia Law School faculty came together in March 2020 to publish an ebook to help identify the key legal issues and provide guidance to policy makers. Spearheaded by Professor Katharina Pistor, leading Columbia Law professors explore COVID’s impact on all facets of our lives, including contracts, elections, bankruptcy, child welfare, the gig economy, and prisoners’ rights. Browse the Columbia Law School eBook: Law in the Time of COVID-19.
FURTHER RESOURCES
TalksOnLaw explainer of the COVID-19 era restructuring trend: Bankruptcy Mothballing
