In Part 2 of Reveal’s look at FTX’s collapse and bankruptcy, Prof. Jonathan Lipson talks about the “underlying falsehood” in the case, what prompted him to get involved, and why “Joe Public” should care about what really happened. Read More

Prof. Jonathan Lipson recounts his participation in the FTX bankruptcy saga and criminal prosecution of Sam Bankman-Fried on the Center for Investigative Reporting’s radio show and podcast, Reveal. Read More

Bankruptcy has become a popular path for companies facing mass tort liabilities, Prof. Jonathan Lipson tells NPR. It “can give the company significant advantages through the bankruptcy process that they never have in ordinary litigation, including halting those other litigations, halting the discovery process, halting determinations of liability on the merits, and many other things that can be quite valuable to the company but might be costly to victims.” Read More

As FTX creditors continue to voice concern about the role of Sullivan & Cromwell in the company’s bankruptcy, Prof. Jonathan Lipson says the law firm “has done some really important and valuable things.” “It’s also true that bankruptcy is all about spreading the pain. However, the right metric is if you had to maximize the value of this estate, what would you get? And there are, I think, legitimate questions about that.” Read More

Carly P. Reilly delves into scholarship by Prof. Jonathan Lipson and co-author David Skeel whether Sullivan & Cromwell bears some culpability for the FTX collapse. Watch

As Sam Bankman-Fried is sentenced to 25 years for his role in the FTX collapse, Prof. Jonathan Lipson tells the Guardian that the actions of Sullivan & Cromwell may have “distorted the criminal case and hurt depositors and creditors.” Read More

As Sam Bankman-Fried faces sentencing for his role in the FTX bankruptcy, Prof. Jonathan Lipson joins Michael Lewis to examine how the case highlights problems with the US bankruptcy system itself. Read More

The Financial Times reports on forthcoming scholarship by Prof. Jonathan Lipson and co-author David Skeel that details what they call possible “ethical violations” by Sullivan & Cromwell that “appear to have reduced recoveries, even as they have enriched S&C” in the FTX bankruptcy. Read More

US Bankruptcy Judge John Dorsey has cleared former Unabomber prosecutor Robert Cleary to investigate the prebankrupty relationship between FTX and Sullivan & Cromwell. Prof. Jonathan Lipson has been a leading voice in the call for scrutiny of the firm. Read More

The Supreme Court heard arguments about whether bankruptcy court is the proper venue for resolving claims of widespread social harm. Prof. Jonathan Lipson explains what’s at stake in this CBC video post. Watch