Prof. Anthony Casey of the University of Chicago Law School shared his recent research findings "A Structured-Renegotiation Theory of Corporate Bankruptcy." With NTU Law school students and professors.

In professor Casey's study, he pointed out the shortcomings and limitations of the mainstream “Creditors’ Bargain Theory” in bankruptcy law. Compared with the assumption of creditor's hypothetical negotiations before bankruptcy from the perspective of practical operations, Professor Casey believes that the operation after bankruptcy is more critical, and thus constructs this "structural renegotiation theory" (Structured-Renegotiation Theory).