Doug Gooding, John Ventola and Erin Teetshorn on the Debate over Chapter 11 Magnet Jurisdictions
| September 19, 2011
| Doug Gooding, John Ventola and Erin Teetshorn
Doug Gooding, John Ventola and Erin Teetshorn wrote “Debating Bankruptcy Venue Reform” in Bankruptcy Law360, where they discuss recent developments in the debate over Chapter 11 magnet jurisdictions, in connection with a recently proposed bill that would require companies to file for bankruptcy in the location of their principal business or assets. This would limit corporations’ abilities to target the forum of their choice by filing for bankruptcy in their state of incorporation or ‘bootstrapping’ into the jurisdiction of a remote affiliate.