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In 2007, six federal judges in Wilmington, Del., won a competition most Americans didn't know about: one for the billion-dollar-a-year business of reorganizing the largest bankrupt companies. Of the 13 large public companies that filed in the United States in 2007, 10 chose the Delaware bankruptcy court, which now has six judges. These judges will likely do whatever it takes to keep out-of-state cases coming. Parties other than filers should wonder whether these judges can provide them with fair hearings.
February 11, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
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