It’s publication day for my new book, Forgive Us Our Debts: How Black Churches Use Bankruptcy to Survive. If you were to pick up a copy, its back begins, “When American churches face financial difficulties, a disproportionately high number
The fourth edition of my Financial Restructuring book is now in print! If you’re looking to teach a restructuring course or Chapter 11 class, this is the book for you. The book was the first law school textbook to have
A day-long discussion inspired by former Credit Slips author Stephen Lubben‘s remarkable book, To Protect Their Interests, is a great reason to get yourself to Seton Hall Law School in Newark, New Jersey on October 23, 2026. Stephen
Like many Washingtonians, I’m distraught about what’s happened to the Kennedy Center. It’s the cultural heart of the District, and it’s being destroyed by gross mismanagement that threatens not only the Kennedy Center itself, but also the incredible National Symphony
The Digital Market Clarity Act is pending in the U.S. Congress. The bill’s primary goal is to integrate digital assets more fully into the financial system. The Senate is scheduled for a cloture vote on the bill on Tuesday, September
Randy Picker died on August 15, 2026. Randy will forever be a University of Chicago legend, a three-time alum, beloved professor, and, this summer, named to one of the most challenging roles a modern university offers: Vice Provost for
Late last week, the Seventh Circuit held that a private property tax purchaser holds a secured claim that qualifies as a tax claim under § 511(a). It thus also held that if this secured claim is to be paid during
Did explaining the Uniform Commercial Code to your literary loved ones just get a shortcut? Behold the three paragraphs (generously counting) in The New Yorker about this unusual but powerful legal product. The print edition date: June 29, 2026. The
Today, both houses of the Swiss Parliament finally adopted an agreed version of a long-debated law to bring personal insolvency in Switzerland into line with international norms. The new law is one of the last in Europe that finally offers
I submitted a comment letter to the Office of the Comptroller of the Currency regarding its proposed rule on interchange fees as non-interest fees and charges and its preemption order thereunder regarding the Illinois Interchange Prohibition Act. My comment
