School of LawSchool of LawSchool of Law CCLFR research seminar with Dr Bolanle Adebola (University of Reading)DescriptionEvent time: 11:00am-12:00pm Title: ‘Justice not Efficiency: Rethinking the Foundations of Corporate Insolvency Law’ Abstract What if insolvency law has been asking the wrong question for forty years? Instead of searching for its 'true' function, perhaps we should have been asking what principle gives it legitimacy in the first place? This presentation advances two principal claims: First, that the dominant insolvency theories implicitly embed a theory of social justice, but these assumptions remain largely unexplored. Second, that social justice is not merely one value among others but the foundational and organising value of insolvency law. From this starting point, it develops a Rawlsian account of justice as a principled basis for shaping insolvency doctrine and institutional design. This approach - Justice-Driven Insolvency Law - opens new theoretical ground as the field looks towards the next generation of theories and reforms.
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