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  • GM, Chrysler bankruptcies created troubling legacy, legal scholars say

    Law professors Charles J. Tabb (left) and Ralph Brubaker argue that the legal principles applied in the GM and Chrysler bankruptcies - two of the largest in U.S. history at $83.5 and $39.9 billion, respectively - were misguided, and have ultimately undermined the distributional norms of bankruptcy reorganizations.

    Law professors Charles J. Tabb (left) and Ralph Brubaker argue that the legal principles applied in the GM and Chrysler bankruptcies - two of the largest in U.S. history at $83.5 and $39.9 billion, respectively - were misguided, and have ultimately undermined the distributional norms of bankruptcy reorganizations.

    Photo provided by UI College of Law

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