Debt's Dominion: A History of Bankruptcy Law in America
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Debt's Dominion: A History of Bankruptcy Law in America

4.0 of 5 stars 4.00  ·  rating details  ·  8 ratings  ·  2 reviews

Bankruptcy in America, in stark contrast to its status in most other countries, typically signifies not a debtor's last gasp but an opportunity to catch one's breath and recoup. Why has the nation's legal system evolved to allow both corporate and individual debtors greater control over their fate than imaginable elsewhere? Masterfully probing the political dynamics behind

Kindle Edition, 296 pages
Published (first published 2001)
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Frank Stein

This is the first book to look at the whole history of federal bankruptcy law in America, from the creation of the first permanent statute in 1898 through the 1978 Bankruptcy "Code" and to the contemporary battles between creditors and debtors.

From a writer and thinker as gifted as Skeel, however, the book is a little disappointing, with much of it demonstrating little research, and some points and facts repeated ad nausem. Still, for those looking for a straight history, or just a good introdu...more
Stephen Adams
This is a great introduction to thinking about bankruptcy in the United States and one take about why it is the way it is. Quite an excellent read!
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David Arthur Skeel Jr. is the S. Samuel Arsht Professor of Corporate Law at the University of Pennsylvania, and the author of Icarus in the Boardroom (Oxford, 2005) and Debt’s Dominion: A History of Bankruptcy Law in America (Princeton, 2001), as well as numerous articles and other publications. He has been interviewed on The News Hour, Nightline, Chris Matthews’ Hardball (MSNBC), National Public...more
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