The American Bankruptcy Institute is the largest multi-disciplinary
"Has been a lifesaver so many times!"
- Catherine Rampell, student @ University of Washington
"Exactly the help I needed."
- Jennifer Hawes, student @ San Jose State
"The best place for brainstorming ideas."
- Michael Majchrowicz, student @ University of Kentucky
The American Bankruptcy Institute is the largest multi-disciplinary, non-partisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 6,500 attorneys, auctioneers, bankers, judges, lenders, professors, turnaround specialists, accountants and other bankruptcy professionals providing a forum for the exchange of ideas and information. In fulfillment of its mission to provide information to its members, journalists, Congress and the public, ABI is engaged in numerous educational and research activities, as well as the production of a number of publications both for the insolvency practitioner and the public.
ABI is the nation's leading provider of quality bankruptcy educational programs. ABI's national and regional conferences are highly rated in the bankruptcy community for their thorough discussions of the latest developments and the opportunities to earn continuing legal and professional education. ABI's conference and workshop panelists always include expert practitioners and bankruptcy judges who provide a unique perspective.
Policymakers on Capitol Hill have long relied on the expertise of ABI in the evaluation of bankruptcy law and efforts to improve the system. While ABI does not advocate policy positions or lobby Congress for legislation, it does provide a unique multi-disciplinary perspective. The Legislative Committee analyzes proposed bills at the request of Congress and legislative staff. In addition to testifying before Congressional committees, ABI prepares white papers on current bankruptcy topics and also conducts periodic briefings for Congressional staff members.
The National Bankruptcy Review Commission's (NBRC) task of studying issues involving the Bankruptcy Code and recommending areas of reform is one of the most important developments in the world of insolvency over the past 20 years. Since the NBRC's creation, ABI has sought to provide the Commissioners with insight from the ABI membership by testifying at hearing and through a number of research initiatives. Foremost among these endeavors is the creation of the Bankruptcy Reform Study Project, which is comprised of a number of surveys and reports, a special issue of the ABI Law Review and the National Symposia Series of nine books.
As the global economy emerges, insolvency issues are increasnigly taking on a transnational flavor. ABI's International Committee, with its Trade and Finance Subcommittee and INSOL Subcommittee, has been active in these evolving areas. During the past year, numerous ABI members participated in advisory group sessions to assist the U.S. Agency for International Development (USAID) in preparation for a proposed worldwide bankruptcy protocol. ABI also has worked closely with The Recovery Group (Boston) to assist judges, bankers, lawyers, trustees and other professionals in developing and implementing foreign insolvency laws. Programs have been held in Croatia, Slovakia, Romania, Albania and Macedonia to date, and many more ABI members are expected to have the opportunity to participate in these ongoing projects.
ABI's online headquarters, ABI World, is the most comprehensive reference tool on insolvency and related issues. In addition to the ABI Journal, published 10 times per year, and the ABI Law Review, published twice per year, ABI's web site supports a weekly newsletter of insolvency issues, Cracking the Code, and prints a variety of specialized publications. Some of these titles include Drafting Engagement Agreements with Debtor Clients, which provides bankruptcy professionals with an understanding of the legal and practical problems in drafting engagement agreements and proposes solutions with examples of a variety of engagement agreements, and Bankruptcy Overview: Issues, Law and Policy, now in its third edition with a new chapter on bankruptcy taxation and a revised chapter addressing bankruptcy and domestic relations law, a basic book explaining all aspects of bankruptcy in the United States. ABI also publishes educational materials from its many conferences. For information on obtaining any or all of these publications, please check out the ABI Store.
View Full Essay
Bankruptcy in the United States, American Bankruptcy Institute, Insolvency, Bankruptcy
More Free Essays Like This