Podcast Features Scholars Rethinking the Goverments Muscular Role in Chryslers Bankruptcy

Podcast Features Scholars Rethinking
the Government’s Muscular Role in Chrysler’s
Bankruptcy

size='3'>Issue:  The Federal government
has assumed an unprecedented role in engineering the Chrysler
bankruptcy, altering the usual bargaining process and upsetting
traditional procedures in chapter 11. Listen to a podcast featuring
bankruptcy scholars examining the government’s role in Chrysler
and what it suggests about the coming GM bankruptcy.

size='3'>What:  The podcast is available
for free with a total run time of 42 minutes. To listen or download the
podcast, please visit
href='http://podcast.abiworld.org/'>
color='#0000ff' size='3'>http://podcast.abiworld.org
size='3'>.

size='3'>Who:   Speakers on
the podcast include:

• Prof.
  face='Times New Roman' size='3'>Mark Roe of
  Harvard Law School
• Prof.
  face='Times New Roman' size='3'>David Skeel of

  the University of Pennsylvania Law School

• Prof
  size='3'>. Todd Zywicki of the
  George Mason University School of Law

Moderator
face='Times New Roman' size='3'>:  Sam Gerdano,
size='3'>ABI Executive Director

Background:

The
size='3'>Chrysler bankruptcy has many experts asking questions about the

manner in which the federal government has inserted itself into the
chapter 11 process. Is the government’s taxpayer-financed plan
little more than a sham sale, and/or a violation of the Code’s
absolute priority rule? Should the government have the power to pick the

winners and losers among the stakeholders in the bankruptcy cases? Did
it have to engineer the process this way because of the special
circumstances of the industry and the crisis presented? And what is the
future effect on lenders who now must weigh new potential risks of their

investments?

Listen to a panel of bankruptcy

scholars answering these questions about the government’s role in
Chrysler and what it suggests about the coming GM bankruptcy.
Visit
size='3'>http://podcast.abiworld.org to listen or download the podcast.

# # #

ABI is the largest
multi-disciplinary, nonpartisan organization dedicated to research and
education on matters related to insolvency. ABI was founded in 1982 to
provide Congress and the public with unbiased analysis of bankruptcy
issues. The ABI membership includes more than 12,000 attorneys,
accountants, bankers, judges, professors, lenders, turnaround
specialists and other bankruptcy professionals providing a forum for the

exchange of ideas and information. For additional information on ABI,
visit ABI World at
face='Times New Roman' color='#0000ff'
size='3'>http://www.abiworld.org
size='3'>. For additional conference information, visit
href='http://www.abiworld.org/events/newevents.html'>
size='3'>http://www.abiworld.org/events/newevents.html
face='Times New Roman' size='3'>.