Fixing Our Infrastructure May Require Fixing the Bankruptcy Code.

The article highlights the need to fix bankruptcy code or law in the U.S. in order to improve infrastructure. Topics covered include the predicted increase in municipal bankruptcies, the threat posed by preference actions against municipal contractors, the case of Flint, Michigan which filed a lawsuit against its construction contractors and the need to amend chapter 9 of the Bankruptcy Code to prevent municipalities from pursing preference actions in municipal projects.