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2007

Bankruptcy Law

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The Law Of Unintended Consequences, Margaret Howard Jan 2007

The Law Of Unintended Consequences, Margaret Howard

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My purpose is to talk about the 2005 Amendments and how things are going with the new provisions. But where do you start, with a bad law? We could start with the enactment process, but that's old news now. And besides,you've already heard the line: "Some members of Congress could not be bought; for everyone else there was MasterCard." We could talk about the policy choices, and the 2005 Amendments clearly represent a shift in that respect--perhaps in the category of "seismic" or "cataclysmic."