Description

Bankruptcy 12th Edition ISBN 9798887863764

The Twelfth Edition of Bankruptcy by Bussel, Skeel & Harner presents the complete body of bankruptcy law as developed under the Bankruptcy Code over the past 47 years, incorporating key amendments such as the Small Business Reorganization Act of 2019 (now Subchapter V). This edition features carefully curated principal cases, insightful commentary, and well-crafted problems that illuminate current doctrine, trace its historical roots, and engage ongoing academic and policy debates. Existing notes and problems have been thoroughly updated, and new materials added where appropriate to reflect emerging authorities.

Prominent developments in mass tort bankruptcies—especially the controversies surrounding Purdue Pharma, third-party releases, and the “Texas two-step” maneuver—are addressed in detail. Purdue Pharma appears as a new, edited principal case. The treatment of Subchapter V has been fully integrated into the reorganization materials, including coverage of the growing body of case law interpreting its provisions.

The consumer bankruptcy chapters have been revised for clarity and conciseness, with updates reflecting recent developments in Chapter 13 practice and the evolving treatment of student loan obligations. Transnational bankruptcy materials now highlight the maturation of Chapter 15 and key cross-border coordination efforts, including recent developments in the UK, EU, Singapore, and other jurisdictions.

Jurisdictional discussions reflect ongoing developments following the reset initiated by Stern v. Marshall. This edition also incorporates important doctrinal updates across the Code, including executory contracts (Tempnology replacing Lubrizol), make-whole provisions (Ultra and Hertz), avoiding powers (Merit Management and Tribune), structured dismissals (Jevic), and application of Chapter 13’s "disposable income" test. Despite these substantial additions, the authors have preserved the compact format and pedagogical accessibility that has characterized prior editions.

Bussel, Skeel and Harner Bankruptcy Twelfth Edition ISBN 9798887863764