SGRI Professorship Lecture 2025
What should bankruptcy law do when numerous affiliated corporate entities comprising a corporate group collectively file for bankruptcy in a single jurisdiction? Should the law respect the boundaries among the entities for determining creditor payouts, or should it consolidate the group? Should it enforce intragroup guarantees? This lecture considers these questions from the lens of law and economics, starting with the assumption that the purpose of bankruptcy law is to minimize expected creditor losses ex post and thus minimize corporate groups’ cost of debt ex ante. The lecture will include a discussion of the purposes of corporate subsidiaries and whether disregarding the borders among them in bankruptcy would undermine those purposes. The lecture will also compare the treatment of corporate groups under U.S. law and Singapore law.
Subtitle: The Treatment of Corporate Groups in Bankruptcy. Contact: ccla@smu.edu.sg. Speaker Details: Professor Richard Squire
Fordham Law School
Singapore Global Restructuring Initiative (SGRI) Visiting Professor
Professor Richard Squire holds the Alin J. Cameron Chair in Law at Fordham Law School and is the Director of the Fordham Corporate Law Center. He publishes on the subjects of corporate bankruptcy, financial crises, and corporate law; he has also written articles on antitrust and securities regulation. He received his law degree magna cum laude from Harvard Law School, and he also holds a M.B.… RSVP: . Type: Lectures. Subject: Law. Audience: Public. Academic Community. Alumni. Incoming PG Students. Incoming Students. SMU Faculty & Staff.
Wednesday, June 4, 2025, 5:00 PM – 6:15 PM.
Level 4 Function Lounge
Singapore Management University
Yong Pung How School of Law
55 Armenian Street
Singapore 179943.
For more info visit site.smu.edu.sg.