Jay L. Westbrook
- Benno C. Schmidt Chair of Business Law
- Professor
Jay Westbrook is one of the nation’s most distinguished scholars in the field of bankruptcy, leading scholarship in both empirical research and international/comparative studies. He teaches and writes in commercial law and international business litigation. Professor Westbrook also serves as a consultant to the International Monetary Fund and the World Bank. He is a member of the American Law Institute, the National Bankruptcy Conference, and the American College of Bankruptcy. He has twice been named the Outstanding Teacher at Texas Law and received the "Larry King Award" from the Commercial Law League.
Featured Work
Chapter 11 Under Duress
Bailiffs for Gunboats: Ukraine v. Russia
One of the nation's most distinguished scholars in the field of bankruptcy, he has been a pioneer in this area in two respects: empirical research and international/comparative studies. Professor Westbrook also teaches and writes in commercial law and international business litigation. He practiced in all these areas for more than a decade with Surrey & Morse (now part of Jones, Day) in Washington, D.C., where he was a partner, before joining the faculty in 1980. He is co-author of The Law of Debtors and Creditors (Aspen, 7th ed., 2014); As We Forgive Our Debtors: Bankruptcy and Consumer Credit in America (Oxford, 1989); The Fragile Middle Class (Yale, 2000); and A Global View of Business Insolvency Systems (Martinus Nijhoff 2010). He has been Visiting Professor at Harvard Law School and the University of London, and is a member of the American Law Institute, the National Bankruptcy Conference, and the American College of Bankruptcy. He serves as a consultant to the International Monetary Fund and the World Bank. He was the United States Reporter for the ALI's Transnational Insolvency Project and co-head of the United States delegation to the UN (UNCITRAL) conference that created the Model Law on Cross-Border Insolvency. He is an emeritus director of the International Insolvency Institute and a director and former President of the International Academy of Commercial and Consumer Law. He has been the recipient of outstanding contribution awards from the National Conference of Bankruptcy Judges, the International Insolvency Institute, and the American College of Bankruptcy. He has twice been named the Outstanding Teacher at the University of Texas School of Law. Recipient of "Larry King Award" from the Commercial Law League.
No publications or activities matching the current search and filters.
year-2015
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Article
Chapter 15 Recognition in the United States: Is a Debtor "Presence" Required?
Jay L. Westbrook, Chapter 15 Recognition in the United States: Is a Debtor "Presence" Required?, 24 International Insolvency Review 28 (2015) (with Daniel Glosband). [Summarized in American Bankruptcy Institute Journal, May 2015 at 24; Harvard Law School Bankruptcy Roundtable, May 26, 2015, available at https://blogs.harvard.edu/bankruptcyroundtable/2015/05/26/chapter-15-recognition-in-the-united-states-is-a-debtor-presence-required/.] -
Article
Opinion: No Debtor “Presence” is Required for Chapter 15 Recognition
Jay L. Westbrook, Opinion: No Debtor “Presence” is Required for Chapter 15 Recognition, American Bankruptcy Institute Journal, May 2015, at 24 (with Daniel M. Glosband). -
Article
Nortel: The Cross-Border Insolvency Case of the Century
Jay L. Westbrook, Nortel: The Cross-Border Insolvency Case of the Century, 2015 Butterworths Journal of International Banking and Finance Law 498 (2015).
year-2014
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Book
Teacher’s Manual, THE LAW OF DEBTORS AND CREDITORS (7th ed. 2014)
Jay L. Westbrook, The Law of Debtors and Creditors (7th edition, Aspen, 2014).
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Article
Lessons on Love from the Uniform Commercial Code
Jay L. Westbrook, Lessons on Love from the Uniform Commercial Code, 17 Green Bag 2d 443 (2014) (with Lee H. Rosenthal). -
Book
The Law of Debtors and Creditors (7th edition, Aspen, 2014)
Jay L. Westbrook, Elizabeth Warren, Katherine Porter, John Pottow. The Law of Debtors and Creditors (7th edition, Aspen, 2014) ( Aspen, Fall 2014). -
Book Chapter
Sovereign Debt and Exclusions from Bankruptcy Proceedings
Jay L. Westbrook, Sovereign Debt and Exclusions from Bankruptcy Proceedings, in A Debt Restructuring Mechanism for Sovereigns: Do We Need Legal Proceedings (Christoph G. Paulus, ed., Hart Publishing, 2014). -
Book Chapter
Chapter 15 Comes of Age
Jay L. Westbrook, Chapter 15 Comes of Age, in Annual Review of Insolvency Law, 173 (Janis P. Sarra, ed., Thomson Carswell, 2014).
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Article
SIFIs and States
Jay L. Westbrook, SIFIs and States [Symposium: The Nation State and Its Banks: Sovereign Debt and International Regulation], 49 Texas International Law Journal 329 (2014). -
Other Activity
Commercial Law & the Public Interest, International Academy of Commercial & Consumer Law
Jay L. Westbrook. “Commercial Law & the Public Interest, International Academy of Commercial & Consumer Law” at Istanbul, Turkey (July 2014).
year-2012
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Other Activity
Oxford University Roundtable on Insolvency
Jay L. Westbrook. “Oxford University Roundtable on Insolvency” at Oxford, UK (January 2013). -
Other Activity
Symposium on International Bank Regulation
Jay L. Westbrook. “Symposium on International Bank Regulation” at American Law Institute & Bingham Foundation, London, UK -- Commentator (June 2012). -
Other Activity
"Exemption of Derivatives from Bankruptcy"
Jay L. Westbrook. “"Exemption of Derivatives from Bankruptcy"” at American College of Bankruptcy, San Antonio, TX (April 2012). -
Other Activity
"Reshaping Capital Markets & Institutions: Twenty Years On"
Jay L. Westbrook. “"Reshaping Capital Markets & Institutions: Twenty Years On"” at Texas Law Review, Austin, TX -- Commentator (March 2012).
year-2011
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Article
International Arbitration and Multinational Insolvency
Jay L. Westbrook, International Arbitration and Multinational Insolvency [Symposium: International Academy of Commercial and Consumer Law], 29 Penn State International Law Review 635 (2011). -
Other Activity
“The Keys to Multinational Coordination of Bank Distress” Conference on Financial Regulation in Uncertain Times
Jay L. Westbrook. ““The Keys to Multinational Coordination of Bank Distress” Conference on Financial Regulation in Uncertain Times” at Tilberg University, Lugano, Italy (December 2011). -
Other Activity
“Derivatives & Sovereign Debt” Conference on Sovereign Debt
Jay L. Westbrook. ““Derivatives & Sovereign Debt” Conference on Sovereign Debt” at Humboldt University, Berlin, Germany (2012). -
Article
Introduction
Jay L. Westbrook, Introduction, 46 Texas International Law Journal 437 (2011). -
Article
Breaking Away: Local Priorities and Global Assets
Jay L. Westbrook, Breaking Away: Local Priorities and Global Assets, 46 Texas International Law Journal 601 (2011).