Kyle Harrison
to-read
Courting Failure
Courting Failure: How Competition for Big Cases Is Corrupting the Bankruptcy Courts
- Author
- Lynn M. LoPucki
- Published
- 2005
- Pages
- 322
- Recommended
- Once
Why it’s on the list: LoPucki’s study of venue shopping in large Chapter 11 cases — how Delaware and the Southern District of New York came to attract the big filings, and what competing for them did to the outcomes. The industry answer for restructuring: the law is a market and the judges are in it.
Where I heard about it
- @WillManidis’s thread — a reply to his question “what is the single best book you can read that will explain an entire industry?” in the thread, June 2025. The full list of replies lives on what is the single best book… (tweet).
Connections
- Debt — what happens at the end of the capital structure.
- Institutions — courts responding to competitive pressure like any other organisation.
- Private Equity — the repeat players whose choice of venue drives the dynamic.
- what is the single best book… (tweet) — the thread this recommendation came from.