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

Debt's Dominion: A History of Bankruptcy Law in America Paperback / softback - 2003

by David A. Skeel

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Paperback / softback. New. Why has the nation's legal system evolved to allow both corporate and individual debtors greater control over their fate than imaginable elsewhere? Probing the political dynamics behind this question, this book provides an account of the remarkable journey American bankruptcy law has taken from its beginnings in 1800.
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First line

CONGRESS'S AUTHORITY to regulate bankruptcy derives quite explicitly from the Constitution, which states in Article I, section 8 that Congress may pass "uniform laws on the subject of bankruptcies."

From the rear cover

"An extremely useful book. Its strength lies in its narrative of the past century and its description of the interplay of interest group politics."--Howard Rosenthal, Princeton University

"David Skeel has written an important book. Debt's Dominion: A History of Bankruptcy Law in America is an interesting and engaging account of bankruptcy law, and a worthy successor to Charles Warren's 1935 classic Bankruptcy in United States History. Skeel's story is startlingly different from traditional accounts and shows how the forces that bring about legislative change are more subtle than commonly understood."--Douglas G. Baird, University of Chicago

About the author

David A. Skeel, Jr. is a professor of law at the University of Pennsylvania and has written widely on corporate and bankruptcy issues.