BANKRUPTCY REVISION:DAVID A. SKEEL, JR.

Congressional Testimony | March 16, 1999 | Copyright

00-00-0000
statement of David A. Skeel, Jr. Professor of Law University of Pennsylvania

Bankruptcy in U.S. History: The Past and Its Implications

I would like to give a brief overview the history of bankruptcy law over the last one hundred years. I will focus in particular on the influence that bankruptcy lawyers have had on bankruptcy law, and its implications for the current deliberations.

Although Congress passed several bankruptcy laws during the nineteenth century, America did not have a permanent bankruptcy law until 1898. The driving force behind the 1898 Act was creditors. ...

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