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JOURNAL OF APPLIED BUSINESS AND ECONOMICS

Bankruptcy and Intra-District Legal Culture

Author(s): Donald D. Hackney, Andrew M. Brajcich, Daniel Friesner, Matthew McPherson

Citation: Donald D. Hackney, Andrew M. Brajcich, Daniel Friesner, Matthew McPherson, (2014) "Bankruptcy and Intra-District Legal Culture," Journal of Applied Business and Economics, Vol. 16, Iss. 2, pp. 11 - 26

Article Type: Research paper

Publisher: North American Business Press

Abstract:

“Legal culture” is often used to explain differences in the choice of chapter in bankruptcy filings among

similarly situated debtors. Empirical evidence supports legal culture as an influential force; however,

little research has been conducted that characterizes legal culture in a non-residual manner. This paper

evaluates variations in the outcomes of bankruptcy filings in the Eastern District of Washington to

determine the factors that create legal culture, with particular attention paid to the role of attorneys. We

find that legal culture does exist, that attorneys play a role in shaping it, and that it plays a role in case

outcomes.