Companies are increasingly filing for bankruptcy in New Jersey, as opposed to the more traditional venues of Manhattan and Delaware. Professor Bob Lawless commented on the concept of "venue shopping" for Bloomberg News.

“You’re picking a court for the judges,” said Lawless. “It’s not only knowing which way judges will lean. But also, a level of comfort with how the judge is likely to rule, and how they’re likely to conduct the proceedings.” Lawyers want to ensure that the judge won’t “strike out on a wild new way to approach” a case, he added.

Read the full article at bloomberg.com.