As concerns increase over bankruptcy system fairness, Fordham Law Professor Susan Block-Lieb, a bankruptcy expert and the Cooper Family Chair of Urban Legal Studies, spoke with Bloomberg Law about “good forum shopping and bad forum shopping.”
Indeed, some analysts have described both “good forum shopping and bad forum shopping,” noted Susan Block-Lieb, a Fordham Law professor who teaches bankruptcy courses.
Companies will surely want their complex cases heard by courts that frequently handle such matters, she said. “Why is it a bad thing to allow the litigants the discretion to choose the most experienced courts?” Block-Lieb asked.
But questions surface when firms “choose a court that they are pretty darn sure is going to rule in a particular way,” she said. “They shop around for the judge that’s most sympathetic to the case they have in mind.”
Read “How Kirkland Uses Court Shopping to Get an Edge in Bankruptcy” in Bloomberg Law.