The U.S. chapter system is dealing with a backlash from all three branches of the federal authorities as huge corporations and rich people push the bounds of chapter 11 to alleviate themselves of authorized and monetary liabilities.
Chapter courts intention to facilitate company reorganizations that can save companies and jobs. However some are going past their core mandate of rehabilitating corporations and are functioning to assist moneyed organizations and people pay as little as attainable to folks harm by allegedly faulty merchandise or company wrongdoing, prompting a response from authorities authorities, in line with quite a few individuals within the chapter system.