Douglas Baird Demystifies Bankruptcy Law on Podcast
The Mysterious World of Bankruptcy Law
Bankruptcy law and laws that govern corporate restructures play an important role in our economy. How a business moves forward after declaring bankruptcy is determined by these laws and the judges who uphold them – but how this all works can be somewhat of a mystery to many people.
Doug Baird is the author of the new book ‘The Unwritten Law of Corporate Reorganizations,’ which explains these laws and how they impact our modern economy. Doug and Greg discuss the history of bankruptcy laws (this was an important topic to the Founding Fathers!) and how the first large businesses in the U.S. used them.
Baird is a professor of law at the University of Chicago and focuses a lot of his work on bankruptcy law. He’s written one of the foremost textbooks on the subject, The Elements of Bankruptcy Law, which is one of the most heavily used texts on the subject.
Read more at unSILOed with Greg LaBlanc