Lawton's Municipal Bankruptcy in a Nutshell
The Municipal Bankruptcy Nutshell is a valuable resource for municipal attorneys and officials, law students, and journalists covering chapter 9 cases. Chapter topics include the history of municipal bankruptcy legislation, constitutional challenges to such legislation, eligibility requirements for chapter 9 relief, requirements for plan confirmation, and post-confirmation matters. The Nutshell also examines the chapter 9 specific rules on the automatic stay, pledged special revenues, rejection of collective bargaining agreements, and the avoiding powers. The Appendices include citations to legislative materials, a table listing by state the statutes authorizing chapter 9 relief, and retention-of-jurisdiction language from the Detroit and Stockton plans.