The Bankruptcy Machine: How Chapter 11 Became Corporate America's Secret Weapon

For readers of Evicted, There Is No Place for Us, and When McKinsey Comes to Town, a devastating investigation of how corporate America turned bankruptcy into a weapon.

Bankruptcy was supposed to offer a last resort for the insolvent: a way to manage failure, preserve value, and give debtors and creditors a fair path forward. But in The Bankruptcy Machine, Lily Jamali shows how it became one of corporate America’s most potent legal weapons—a way to halt lawsuits, silence victims, protect sha...