Most of us Credit Slips ters enjoyed an absolutely fabulous symposium over the weekend celebrating the illustrious career of one of our own, Jay Westbrook . The Texas Law Review will publish a selection of several of the papers presented at the symposium ... Read full article
I thought Credit Slips readers might be interested in using some holiday down-time to catch up on a couple of recent comparative insolvency conferences with particularly cutting-edge presentations, some of which are or will be available for viewing ... Read full article
For the spring semester, I am offering advanced commercial law and contracts seminar for UNC students, and have gathered resources to inspire students on paper topic selection as well as to guide what we otherwise will cover. But given the breadth of what ... Read full article
Although technically ... Read full article
The second edition of my Corporate Finance textbook is now available at finer booksellers , and Amazon too. The companion website has also been updated – professors can get the password from their Aspen reps. ... Read full article
Empirical studies have shown that minorities pay more for goods and services, and that they pay more to finance their purchases of those goods and services -- for instance, through subprime home and auto loans. Machine Bias , a new study from ProPublica ... Read full article
Just a cross-posting note: Jonathan Lipson and I comment on the U.S. Supreme Court's Jevic decision at the Harvard Law School Corporate Bankruptcy Roundtable . ... Read full article
The American Bankruptcy Institute announced this morning that it has convened a commission to study and propose reforms of the US consumer bankruptcy system . In light of the success of ABI's Chapter 11 commission , we can expect big things from this ... Read full article
Many of us on Credit Slips have been part of the Consumer Bankruptcy Project (CBP), a long-term research project studying people who file chapter 7 and 13 bankruptcy. Several years ago, some of us blogged about the writings from the last CBP iteration in ... Read full article
There's a great new paper available on out-of-court restructuring and the Trust Indenture Act. The New Bond Workouts is up on SSRN. From the abstract it sounds pretty darn amazing—a new, empirically based analysis of bond restructurings that ... Read full article
On ... Read full article
Scarcity refers to having less than one needs -- time, money, calories when on a diet. For example, not having enough money reduces a person's cognitive capacity as much as missing one full night of sleep. ... Read full article
I recently posted to SSRN my new article, Calling on the CFPB for Help: Telling Stories and Consumer Protection ( Law & Contemporary Problems , forthcoming 2017). ... Read full article
The New Republic (yes it still exists) has a piece about whether behavioral economics will have as much influence in a Clinton administration as it did in the Obama administration . The unspoken assumption of the piece is that behavioral economics ... Read full article
