Miscellaneous
Given the impact of the COVID-19 pandemic, America is facing an unprecedented wave of insolvencies. In this conversation, Professor Edward Morrison of Columbia Law School explains what is happening, what is new in the bankruptcy rules, and how the existing laws can be used to mitigate the financial fallout from the crisis. Morrison also explains under what circumstances a Chapter 7, 11, or 13 proceeding may be appropriate for consumers or businesses. Edward Morrison is a Professor of Law at Columbia Law School. He specializes in corporate, business, and transactional Law. He is the faculty director of the Law School’s Executive LL.M. Program and co-director of Columbia University’s Richard Paul Richman Center for Business, Law, and Public Policy. His scholarship focuses on corporate reorganization, consumer bankruptcy, the regulation of systemic market risk, and foreclosure and mortgage modification.