Episode 128 - Examining The Effectiveness Of Chapter 11 For Church Financial Distress

Examining The Effectiveness Of Chapter 11 For Church Financial Distress The latest ABI Podcast features ABI Resident Scholar Scott Pryor speaking with Prof. Pamela Foohey of the University of Illinois College of Law discussing her recent paper examining church reorganizations that filed for chapter 11 protection, titled "Bankrupting the Faith." Foohey discusses her empirical study looking at church bankruptcies from 2006-11 to draw out the characteristics of the filings and case outcomes to see if bankruptcy is an effective solution to the institution's financial problems. To read Prof. Foohey's study, please click here.