1. US Senators Take Aim at Delaware's Bankruptcy Advantage

    US Senators Take Aim at Delaware's Bankruptcy Advantage

    "This bill would mean many companies would not be able to take advantage of the superb expertise of the bankruptcy judges that reside in Delaware," said Charles Elson, a corporate governance professor at the University of Delaware. "And those are the same judges who have built a strong reputation ...

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    1. Workers, creditors, and consumers lose when corporations manipulate the system to file for bankruptcy wherever they please.
    2. This bill would mean many companies would not be able to take advantage of the superb expertise of the bankruptcy judges that reside in Delaware.
    3. Denying American businesses the ability to file for bankruptcy in the courts of their choice would not only hurt Delaware's economy but also hurt businesses of all sizes and the national economy as a whole.
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