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Lynn LoPucki teaches Bankruptcy, Information Law and Secured Transactions, areas in which he is recognized nationally as a leading scholar. Professor LoPucki practiced law for eight years before he began teaching. Since 1980 he has taught at the University of Wisconsin, Washington University, Harvard and Cornell. He served as Senior Advisor to the National Bankruptcy Review Commission in 1997-98. Professor LoPucki is co-author of two widely used casebooks: Secured Credit: A Systems Approach (2006) and Commercial Transactions: A Systems Approach (2006). LoPucki's articles have stirred debates in the Yale, Stanford, Vanderbilt, and Michigan law reviews as well as in the popular press and professional publications. His book, Courting Failure: How Competition for Big Cases Is Corrupting the Bankruptcy Courts was published by the University of Michigan Press in January 2005.

His book Courting Failure: How Competition for Big Cases Is Corrupting the Bankruptcy Courts is a provocative critique of Chapter 11 and is required reading for everyone who cares about bankruptcy reform. This empirical account of large Chapter 11 cases will trigger intense debate both inside the academy and on the floor of Congress. Confronting LoPucki's controversial thesis-that competition between bankruptcy judges is corrupting them-is the most pressing challenge now facing any defender of the status quo."

"This book is smart, shocking and funny. This story has everything-professional greed, wrecked companies, and embarrassed judges. Insiders are already buzzing."

"LoPucki provides a scathing attack on reorganization practice. Courting Failure recounts how lawyers, managers and judges have transformed Chapter 11. It uses empirical data to explore how the interests of the various participants have combined to create a system markedly different from the one envisioned by Congress. LoPucki not only questions the wisdom of these changes but also the free market ideology that supports much of the general regulation of the corporate sector." - Robert Rasmussen, University of Chicago Law School A sobering chronicle of our broken bankruptcy-court system, Courting Failure exposes yet another American institution corrupted by greed, avarice, and the thirst for power.

Lynn LoPucki's eye-opening account of the widespread and systematic decay of America's bankruptcy courts is a blockbuster story that has yet to be reported in the media. LoPucki reveals the profound corruption in the U.S. bankruptcy system and how this breakdown has directly led to the major corporate failures of the last decade, including Enron, MCI, WorldCom, and Global Crossing. LoPucki, one of the nation's leading experts on bankruptcy law, offers a clear and compelling picture of the destructive power of "forum shopping," in which corporations choose courts that offer the most favorable outcome for bankruptcy litigation.

The courts, lured by big money and prestige, streamline their requirements and lower their standards to compete for these lucrative cases. The result has been a series of increasingly shoddy reorganizations of major American corporations, proposed by greedy corporate executives and authorized by case-hungry judges.

J. Michelle Sybesma is a consultant, trainer, author, and speaker with Professional Skills Consulting. She founded the business in 1999, helping other organizations to bridge the skills gap between the educational and private sectors. Her areas of growth and professional development have allowed her to work from coast to coast for rapidly growing and transitioning companies, non-profits, universities, and governmental agencies. A unique life-twist also made Michelle a personal expert on the topic of Identify theft, which is the topic she discusses on this show. As a result, she married the knowledge gained from this experience and her professional skills to bring fascinating learning experience to that of Identity Theft in the Workplace.

 

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