by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES In order to gain access to chapter 9 bankruptcy, municipalities must demonstrate that they meet several eligibility requirements. These requirements were put in place to prevent municipalities from making rash decisions about filing for...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES Chapter 9 of the U.S. Bankruptcy Code has many shortcomings. One of the most persistent, yet understudied, problems judges face in chapter 9 is also a problem that exists in other areas of bankruptcy law: the sheer difficulty of applying...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES, Adrian COHEN Pretty much everyone (except maybe the drafters) struggles with Article Nine of the Uniform Commercial Code, the statute that covers the rules about security interests in personal property, fixtures and a few other secured...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES, Thom REILLY Why do some struggling cities file for bankruptcy while others, facing similar circumstances, do not? This Article builds on the literature examining the causes and consequences of municipal fiscal distress by exploring specific...
by rpafdaccess | Sep 26, 2024 | Bankruptcy, Comparative analysis, Esg, Insolvency, Municipal bankruptcy, Municipal financial distress, Public entities
Author: Eugenio VACCARI, Laura N COORDES, Yseult MARIQUE, Geo QUINOT The treatment of local public entities or municipalities in distress is a largely under-explored area of law. The rules regulating these processes are often unaffected by the influence of legal...
