The Changing Paradigm of Debt

Authors

Kathryn R. Heidt, Wayne State University Law School

Publication Title

Washington University Law Quarterly

Abstract

In this Article I suggest that the current paradigm of debt used in bankruptcy law is outmoded. Products liability and mass tort bankruptcies were the first wave of cases with obligations that did not fit neatly into the existing model of debt. Environmental obligations were next-obligations based on Superfund and other federal and state environmental laws.

Recommended Citation

Kathryn R. Heidt, The Changing Paradigm of Debt, 72 Wash. U. L. Q. 1055 (1994).
Available at: https://openscholarship.wustl.edu/law_lawreview/vol72/iss3/22