The Keepers of the Code: Evolution of the Bankruptcy Community
In this Article, Professor Gebbia demonstrates how three dynamics have profoundly influenced the trajectory of bankruptcy law since the enactment of the first federal bankruptcy law in the early 1800s. These three dynamics are (i) the emergence and evolution of a modern bankruptcy community, (ii) th...
Ausführliche Beschreibung
Autor*in: |
Karen M Gebbia [verfasserIn] |
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Englisch |
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2017 |
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Enthalten in: The American bankruptcy law journal - Bangor, Me. : [Verlag nicht ermittelbar], 1971, 91(2017), 2, Seite 183 |
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Übergeordnetes Werk: |
volume:91 ; year:2017 ; number:2 ; pages:183 |
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520 | |a In this Article, Professor Gebbia demonstrates how three dynamics have profoundly influenced the trajectory of bankruptcy law since the enactment of the first federal bankruptcy law in the early 1800s. These three dynamics are (i) the emergence and evolution of a modern bankruptcy community, (ii) the varying degrees to which the bankruptcy community has collaborated toward consensus on bankruptcy legislation, and (iii) the changing content of the debate surrounding bankruptcy legislation. Professor Gebbia articulates the essential characteristics that define the bankruptcy community, traces the emergence of its precursors in the 1800s, explains why the mid-1920s mark the birth of the modern bankruptcy community, and describes the ways in which the bankruptcy community has evolved over the ensuing ninety years. She explains how the bankruptcy community developed collaborative venues and consensus-building agenda early in its history, and how those venues and agenda have evolved over time. She then suggests that the content of the debate surrounding bankruptcy reform affects the community's ability to achieve consensus and influence bankruptcy legislation. In this regard, she identifies three interrelated strands that form the content of bankruptcy law: bankruptcy law's substantive balancing of equities among creditors and debtors, the locus of control over and essential nature of the system that administers bankruptcy law, and the clarity and coherence of bankruptcy law. Professor Gebbia summarizes how community, collaboration, and content have interacted across history, and considers how those historical interactions inform today's debates over the future of bankruptcy law. She concludes that the influence of today's bankruptcy community depends upon a renewed commitment to collaborate and create consensus-building agenda in changed and challenging circumstances. She identifies specific topics around which she believes that type of collaboration and consensus might begin. | ||
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In this Article, Professor Gebbia demonstrates how three dynamics have profoundly influenced the trajectory of bankruptcy law since the enactment of the first federal bankruptcy law in the early 1800s. These three dynamics are (i) the emergence and evolution of a modern bankruptcy community, (ii) the varying degrees to which the bankruptcy community has collaborated toward consensus on bankruptcy legislation, and (iii) the changing content of the debate surrounding bankruptcy legislation. Professor Gebbia articulates the essential characteristics that define the bankruptcy community, traces the emergence of its precursors in the 1800s, explains why the mid-1920s mark the birth of the modern bankruptcy community, and describes the ways in which the bankruptcy community has evolved over the ensuing ninety years. She explains how the bankruptcy community developed collaborative venues and consensus-building agenda early in its history, and how those venues and agenda have evolved over time. She then suggests that the content of the debate surrounding bankruptcy reform affects the community's ability to achieve consensus and influence bankruptcy legislation. In this regard, she identifies three interrelated strands that form the content of bankruptcy law: bankruptcy law's substantive balancing of equities among creditors and debtors, the locus of control over and essential nature of the system that administers bankruptcy law, and the clarity and coherence of bankruptcy law. Professor Gebbia summarizes how community, collaboration, and content have interacted across history, and considers how those historical interactions inform today's debates over the future of bankruptcy law. She concludes that the influence of today's bankruptcy community depends upon a renewed commitment to collaborate and create consensus-building agenda in changed and challenging circumstances. She identifies specific topics around which she believes that type of collaboration and consensus might begin. |
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In this Article, Professor Gebbia demonstrates how three dynamics have profoundly influenced the trajectory of bankruptcy law since the enactment of the first federal bankruptcy law in the early 1800s. These three dynamics are (i) the emergence and evolution of a modern bankruptcy community, (ii) the varying degrees to which the bankruptcy community has collaborated toward consensus on bankruptcy legislation, and (iii) the changing content of the debate surrounding bankruptcy legislation. Professor Gebbia articulates the essential characteristics that define the bankruptcy community, traces the emergence of its precursors in the 1800s, explains why the mid-1920s mark the birth of the modern bankruptcy community, and describes the ways in which the bankruptcy community has evolved over the ensuing ninety years. She explains how the bankruptcy community developed collaborative venues and consensus-building agenda early in its history, and how those venues and agenda have evolved over time. She then suggests that the content of the debate surrounding bankruptcy reform affects the community's ability to achieve consensus and influence bankruptcy legislation. In this regard, she identifies three interrelated strands that form the content of bankruptcy law: bankruptcy law's substantive balancing of equities among creditors and debtors, the locus of control over and essential nature of the system that administers bankruptcy law, and the clarity and coherence of bankruptcy law. Professor Gebbia summarizes how community, collaboration, and content have interacted across history, and considers how those historical interactions inform today's debates over the future of bankruptcy law. She concludes that the influence of today's bankruptcy community depends upon a renewed commitment to collaborate and create consensus-building agenda in changed and challenging circumstances. She identifies specific topics around which she believes that type of collaboration and consensus might begin. |
abstract_unstemmed |
In this Article, Professor Gebbia demonstrates how three dynamics have profoundly influenced the trajectory of bankruptcy law since the enactment of the first federal bankruptcy law in the early 1800s. These three dynamics are (i) the emergence and evolution of a modern bankruptcy community, (ii) the varying degrees to which the bankruptcy community has collaborated toward consensus on bankruptcy legislation, and (iii) the changing content of the debate surrounding bankruptcy legislation. Professor Gebbia articulates the essential characteristics that define the bankruptcy community, traces the emergence of its precursors in the 1800s, explains why the mid-1920s mark the birth of the modern bankruptcy community, and describes the ways in which the bankruptcy community has evolved over the ensuing ninety years. She explains how the bankruptcy community developed collaborative venues and consensus-building agenda early in its history, and how those venues and agenda have evolved over time. She then suggests that the content of the debate surrounding bankruptcy reform affects the community's ability to achieve consensus and influence bankruptcy legislation. In this regard, she identifies three interrelated strands that form the content of bankruptcy law: bankruptcy law's substantive balancing of equities among creditors and debtors, the locus of control over and essential nature of the system that administers bankruptcy law, and the clarity and coherence of bankruptcy law. Professor Gebbia summarizes how community, collaboration, and content have interacted across history, and considers how those historical interactions inform today's debates over the future of bankruptcy law. She concludes that the influence of today's bankruptcy community depends upon a renewed commitment to collaborate and create consensus-building agenda in changed and challenging circumstances. She identifies specific topics around which she believes that type of collaboration and consensus might begin. |
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The Keepers of the Code: Evolution of the Bankruptcy Community |
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