This course will focus on the business bankruptcy process, principally Chapter 11 reorganizations. Topics addressed include the basics of federal bankruptcy law, including the automatic stay, the avoidance of fraudulent conveyances and preferences, treatment of executory contracts, operation of a company during bankruptcy, and the creation and confirmation of a plan of reorganization. The class will be organized around a case study of a company undergoing a Chapter 11 reorganization. Students will draft documents as if they were practitioners involved in the reorganization. Analysis will focus on both the overarching goals of Chapter 11 as well as the impact of current economic conditions on business reorganizations. No prior experience with bankruptcy is required.