Lynn M. LoPucki
Encyclopedia
Lynn M. LoPucki holds professorial positions at both UCLA School of Law
as well as Harvard School of Law. LoPucki is the Security Pacific Bank
Professor of Law at the UCLA and the Bruce W. Nichols Visiting Professor of Law at the Harvard. LoPucki is a nationally recognized expert on bankruptcy
and compiled a widely used research database on bankruptcy in the U.S. called Bankruptcy Research Database which forms the basis for a large portion of empirical academic research on bankruptcy.
LoPucki is notable for his criticism of the bankruptcy industry in the U.S. including the magnitude of fees paid to professionals as well as corruption within the court system. In his book Courting Failure: How Competition for Big Cases Is Corrupting the Bankruptcy Courts (University of Michigan Press, 2005), LoPucki asserted that Federal Bankruptcy judges have become corrupted by their competition to attract large company bankruptcy filings to their districts, and are offering favorable rulings for such companies in order to attract them.
UCLA School of Law
The UCLA School of Law is the law school of the University of California, Los Angeles. It has been approved by the American Bar Association since 1950. It joined the Association of American Law Schools in 1952.- History :...
as well as Harvard School of Law. LoPucki is the Security Pacific Bank
Security Pacific Bank
Security Pacific National Bank was a large US bank headquartered in Los Angeles, California. In 1992 Bank of America acquired SPNB.-History:...
Professor of Law at the UCLA and the Bruce W. Nichols Visiting Professor of Law at the Harvard. LoPucki is a nationally recognized expert on bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....
and compiled a widely used research database on bankruptcy in the U.S. called Bankruptcy Research Database which forms the basis for a large portion of empirical academic research on bankruptcy.
LoPucki is notable for his criticism of the bankruptcy industry in the U.S. including the magnitude of fees paid to professionals as well as corruption within the court system. In his book Courting Failure: How Competition for Big Cases Is Corrupting the Bankruptcy Courts (University of Michigan Press, 2005), LoPucki asserted that Federal Bankruptcy judges have become corrupted by their competition to attract large company bankruptcy filings to their districts, and are offering favorable rulings for such companies in order to attract them.
Recent Publications
- Routine Illegality in Big-Case Bankruptcy Court Fee Practices, Lynn M. LoPucki and Joseph W. Doherty, American Bankruptcy L. J. (forthcoming 2009)
- Professional Overcharging in Large Bankruptcy Reorganization Cases, Lynn M. LoPucki and Joseph W. Doherty, 5 Journal of Empirical Legal Studies 983 (December 2008)
- Rise of the Financial Advisors: An Empirical Study of the Division of Professional Fees in Large Bankruptcies, Lynn M. LoPucki and Joseph W. Doherty, 82 American Bankruptcy L. J. (2008)
- Bankruptcy Fire Sales, Lynn M. LoPucki and Joseph W. Doherty, 106 Michigan L. Rev. 1 (2007)
- Delaware Bankruptcy: Failure in the Ascendancy, Lynn M. LoPucki and Joseph W. Doherty, 73 Chicago L. Rev. 1387 (2006)
- An Empirical Study of the Determinants of Professional Fees in Large Bankruptcy Reorganization Cases., Lynn M. LoPucki and Joseph W. Doherty, 1 Journal of Empirical Legal Studies 111 (March 2004)
- Why Are Delaware and New York Bankruptcy Reorganizations Failing?, Lynn M. LoPucki and Joseph W. Doherty, 55 Vanderbilt L. Rev. 1933 (November 2002)
- The Failure of Public Company Bankruptcies in Delaware and New York: Empirical Evidence of a "Race to the Bottom", Lynn M. LoPucki and Sara D. Kalin, 54 Vanderbilt L. Rev. 231 (March 2001)
External links
- WebBRD, LoPucki's Bankruptcy Research Database