Case in Brief Against "Chapter 14"

Grohsgal, Bruce

Bruce Grohsgal summarizes the Dodd-Frank Act’s orderly resolution regime and addresses the core proposals for a new chapter 14. He concludes that the proposed chapter 14 does not mitigate systemic risk, minimize moral hazard, or improve on the Dodd-Frank Act’s prohibitions against bailouts, which are the primary purposes of title II of the Dodd-Frank Act.

Retrieve article in pdf below; reprinted with permission of the American Bankruptcy Institute.