To Protect Their Interests
the invention and exploitation of corporate bankruptcy
$48.79
- Paperback
384 pages
- Release Date
20 January 2026
Summary
To Protect Their Interests: Unmasking the True History of Corporate Bankruptcy
Chapter 11 corporate bankruptcy proceedings are commonly thought of as a tool to protect the broader economy from the failure of large firms, even though the biggest players reap the greatest rewards. In the conventional telling, modern corporate reorganization began in the 1890s, with J. P. Morgan leading a noble effort to protect bondholders from the depredations of corporate insiders. What does this st…
Book Details
| ISBN-13: | 9780231213110 |
|---|---|
| ISBN-10: | 0231213115 |
| Author: | Stephen J. Lubben |
| Publisher: | Columbia University Press |
| Imprint: | Columbia University Press |
| Format: | Paperback |
| Number of Pages: | 384 |
| Release Date: | 20 January 2026 |
| Weight: | 0g |
| Dimensions: | 229mm x 152mm |
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What They're Saying
Critics Review
To Protect Their Interests argues that the history of US bankruptcy law is the history of the most powerful insiders of the day adapting US bankruptcy law to further their aims and objectives: from Jay Gould and the railway barons; to the banks involved in W..T. Grant; to today’s private equity sponsors. Through his lively historical narrative, Lubben provides insights into the inherent malleability of corporate bankruptcy law and the implications of that adaptive capacity for the present-day reform agenda. – Sarah Paterson, author of Corporate Reorganization Law and Forces of Change
About The Author
Stephen J. Lubben
Stephen J. Lubben holds the Harvey Washington Wiley Chair in Corporate Governance and Business Ethics at Seton Hall University School of Law. His books include The Law of Failure: A Tour Through the Wilds of American Business Insolvency Law (2018). Lubben previously practiced bankruptcy law with a major global firm and wrote a column for the New York Times’ DealBook section.
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