McIntire Professor Testifies on U.S. Bankruptcy Laws before American Bankruptcy Institute Commission

McIntire Professor David C. Smith testified before the American Bankruptcy Institute’s Bankruptcy Reform Commission during a bankruptcy conference, VALCON 2013, in Las Vegas, Feb. 21, 2013. The commission was convened to study the question of whether there should be a major overhaul of U.S. bankruptcy laws. Smith, who gave testimony on “Contested Valuation Issues in Bankruptcy,” says that the commission, composed of leading bankruptcy professionals in the field, will study and propose reforms to Chapter 11 and related statutory provisions that would better manage the effective reorganization of today’s business debtors.