Corporate Bankruptcy Panel--The Fraudulent Conveyance Origins of Chapter 11: An Essay on the Unwritten Law of Corporate Reorganizations

The second panel was the Corporate Panel, led by Professor Douglas Baird from the University of Chicago Law School. We were fortunate enough to have the impressive Sarah R. Borders act as the moderator of this panel. The discussion, however, did not require much moderating; the panelists were familiar with one another and the discussion was entertaining. The panel was divided into two schools of thought: those who felt like the Code solely governed the practice of corporate bankruptcy, and those who felt like there was a set of unwritten rules created over the last 150 years that pulled the strings.