This Conference will bring together eighteen leading bankruptcy scholars at the UCLA School of Law on February 15, 2013. Our purpose is to begin developing empirical answers to the most important policy question in the field: What causes reorganizations to succeed or fail? The project models success as a function of general economic conditions, the bankrupt firm's financial condition, and the bankruptcy procedures employed. Data collection for this project has been in progress for more than two years. The project's objective is a set of statistical models that can identify, predict, and explain success, and evaluate bankruptcy procedures. Determining the meaning of "success" is thus part of the problem to be solved.
The Conference is supported by grants from National Conference of Bankruptcy Judges Endowment for Education and the Anthony H.N. Schnelling ABI Endowment Fund.
To read more about the conference, please visit its website at http://lopucki.law.ucla.edu/2013-conference-concept.htm.