The Federalist Society

Critique of a Proposal to Allow State Bankruptcy

Engage Volume 12, Issue 2, September 2011

September 12, 2011

John S. Baker, Jr.

A proposal by Professor David Skeel of the University of Pennsylvania Law School would change federal bankruptcy law so as to allow states the option of declaring bankruptcy. Professor Skeel, a renowned authority on bankruptcy, has performed an important public service by focusing attention on the “the next frontier in ‘too big to fail’” and by prompting consideration of important constitutional issues...

Critique of a Proposal to Allow State Bankruptcy  


The Federalist Society