Seminar 217, Risk Management: Bankruptcy Claim Dischargeability and Public Externalities: Evidence from a Natural Experiment

Seminar 217, Risk Management: Bankruptcy Claim Dischargeability and Public Externalities: Evidence from a Natural Experiment

Risk Seminar
Nov 27, 2018, 11:00 AM - 12:30 PM | 1011 Evans Hall | Happening As Scheduled
Speaker: Michael Ohlrogge, Stanford (Speaker - Featured)
In 2009, the Seventh Circuit ruled in U.S. v. Apex Oil that certain types of injunctions requiring firms to clean up previously released toxic chemicals were not dischargeable in bankruptcy. This was widely perceived to represent a split with Sixth Circuit precedent, although Supreme Court cert was denied. Numerous legal commentators wrote of the significance of this decision in strengthening...