The United States Bankruptcy Court Western District of North Carolina recently denied a motion to dismiss the bankruptcy of companies implicated in asbestos liability cases, citing and quoting from several articles by Professor Ralph Brubaker. The case involves Texas Two-Step mass-tort bankruptcy, a topic in which Brubaker has researched and published extensively. The decision cites to and quotes from "On the Nature of Federal Bankruptcy Jurisdiction: A General Statutory and Constitutional Theory," from the William & Mary Legal Review; "Explaining Katz’s New Bankruptcy Exception to State Sovereign Immunity: The Bankruptcy Power as a Federal Forum Power," from the American Bankruptcy Institute Legal Review; and "The Texas Two-Step and Mandatory Non-Opt-Out Settlement Powers," in the Harvard Law School Bankruptcy Roundtable.
Read the decision online.