Corporate Bankruptcy Panel
Darby, Patrick, Kaufman, Mark, Levinson, Marc, Marsh, Gary & Schaffer, Eric
Abstract
Many municipalities all over the country are experiencing financial distress, and I believe this chapter of the bankruptcy system will be, and is currently being, tested tremendously by this crisis over the next years. There are a number of municipalities that are in bankruptcy now and, I believe, more to come. Whether the bankruptcy system can help solve that problem for all concerned, time will tell.