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The Elements of Bankruptcy

7th Edition
Douglas G. Baird
ISBN: 9781647083762
Subject: Bankruptcy/Creditors' Rights
Format: Print - Softbound
Page Count: 310
Copyright: 2022 | Status: In Stock
Other Formats Available
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Regularly cited by the Supreme Court and others, Elements of Bankruptcy provides a comprehensive introduction to the basic principles of bankruptcy law. In addition to covering foundational questions such as the fresh start for individuals, property of the estate, executory contracts, adequate protection, preferences, and fraudulent conveyances, this book also covers cutting-edge issues such as restructuring support agreements, nonconsensual third-party releases, make-whole clauses, carve-outs, trap doors, and backstops. The seventh edition also takes stock of recent developments from the Supreme Court and elsewhere, including such cases as Mission Product Holdings, Jevic, Fulton, and Purdue Pharma.


Imprint: Foundation Press
Series: Concepts and Insights
Publication Date: 03/11/2022

Douglas G. Baird, University of Chicago Law School

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Since the sixth edition of Elements of Bankruptcy appeared in 2014, bankruptcy law has continued to evolve. Debates over potential abuses of restructuring support agreements and nonconsensual third-party releases have moved front and center. Similarly, disruption in energy markets and the collapse of many old-line retailers created new controversies. At the same time, bankruptcy doctrine has continued to evolve. The Supreme Court’s opinions in Mission Product Holdings and Jevic have shifted our understanding of executory contracts and plan negotiations, and bankruptcy courts have reassessed trap doors, backstops, and make-whole clauses. The seventh edition takes account of these changes and thus continues to provide young lawyers with ready access to the foundational principles and cutting-edge developments in bankruptcy law.

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