83 - Reforming Small Business Bankruptcy

The latest ABI Podcast is a conversation between ABI Resident Scholar Juliet Moringiello and Melissa Jacoby, the George R. Ward Prof. of Law at the University of North Carolina School of Law, discussing potential reforms to small business bankruptcy. Prof. Jacoby discusses why chapter 11 is a difficult fit for many financially distressed small businesses and some of the potential fixes to the Bankruptcy Code that would be more suitable to a small business looking to file for bankruptcy