Scott Markowitz, co-chair of the Bankruptcy and Corporate Restructuring Group, and Rich Schoenstein, host and Litigation partner, talk Bankruptcy Basics and Recent Developments on the latest episode of Law Brief.
Scott and Rich delve into the underpinnings of U.S. Bankruptcy law, the distinction between liquidation and reorganization, recent developments in the areas of student loans and small business reorganization and how and why the system can be justified.