Professor of Law
Editor-in-Chief, Bloomberg Law Bankruptcy Treatise
Legal Research Center
Professor Parikh’s research and writing focus on a variety of bankruptcy issues, including debtor forum shopping and municipal debt restructuring. His recent article, Failing Cities and the Red Queen Phenomenon, 58 B.C. L. Rev. 559 (2017), offers an unprecedented empirical analysis of municipal bond offerings in order to disprove the argument that debt restructuring options increase borrowing costs for cities and counties. In 2015, Professor Parikh’s article A New Fulcrum Point for City Survival, 57 Wm. & Mary L. Rev. 221 (2015), was the winner of the Southeastern Association of Law Schools’ Call for Papers Competition. The Harvard Law School Bankruptcy Roundtable selected both articles for distribution to its membership. Professor Parikh’s scholarship has also appeared in the University of Connecticut Law Review, the University of Cincinnati Law Review, and the American Bankruptcy Law Journal. The Final Report of the American Bankruptcy Institute’s Commission to Study the Reform of Chapter 11 cites his articles in a number of different contexts.
In recognition of Professor Parikh’s innovative scholarship, the Fulbright Commission awarded him a 2018-19 Fulbright Schuman Grant. During the first half of 2019, Professor Parikh was a visiting professor at various institutions researching the new EU restructuring framework and its impact on corporations and sovereign nations. Most notably, he was a visiting professor of law at Oxford University. Further, Professor Parikh’s paper, Bankruptcy Tourism and the European Union’s Corporate Restructuring Quandary: The Cathedral in Another Light was one of eight articles selected to be part of the Oxford Business Law Workshop Series (Trinity Term). On November 6, 2019, Professor Parikh returned to Oxford to present his paper to Oxford’s business law faculty and graduate students.
Professor Parikh is the Editor-in-Chief and an original contributing author for Bloomberg Law Bankruptcy Treatise. He wrote the chapters addressing sections 323, 324, 325, 541, 542, 543, 549, 550, 551, and 552, among others. He also serves as Vice-Chair of Bloomberg Law’s Innovation Board. Further, he is a co-author of the seventh edition of the Examples & Explanations (Bankruptcy and Debtor/Creditor) study guide.
In 2012, Professor Parikh was the sole recipient of the National Conference of Bankruptcy Judges Fellowship. The fellowship is awarded to a bankruptcy scholar selected by a panel of federal judges, academics, and attorneys.
Pro Bono Work / Policy Impact:
Professor Parikh has been working with the Association of Oregon Counties to draft a municipal bankruptcy bill and petition for passage by the state legislature. The bill has two primary facets: (1) provide a structure for an out-of-court municipal restructuring; and (2) allow local governments to file for chapter 9 bankruptcy in the event of an emergency. The current underfunding in the Oregon Public Employees Retirement System (“PERS”) is over $20 billion.
Professor Parikh has also worked with the Bankruptcy Venue Reform PAC to draft and pass federal legislation that will limit forum shopping in chapter 11 corporate bankruptcy cases. Professor Parikh’s 2013 article Modern Forum Shopping in Bankruptcy, 46 Conn. L. Rev. 159 (2013), served as a template for initial versions of the legislation.
Before joining the faculty at Lewis & Clark Law School, Professor Parikh practiced complex financial restructuring at Latham & Watkins and Milbank, Tweed, Hadley & McCloy in Los Angeles, California and Baker Botts in Houston, Texas. While in private practice, Professor Parikh’s representations included the following engagements:
- In re Lehman Brothers Holdings (counsel to official committee of unsecured creditors)
- In re Trump Hotel & Casino Resorts (counsel to debtors)
- In re Aloha Airlines (counsel to acquirer of assets)
- In re Station Casinos (counsel to debtors)
- In re Adelphia Communications Corp. (counsel to financial advisor)
Professor Parikh holds a JD from the University of Michigan Law School. After graduation, he was a law clerk for the Honorable Alan M. Ahart of the United States Bankruptcy Court for the Central District of California.
Professor Parikh served on the Executive Council for the Commercial Law League from 2016 – 2018. He is also the Prelaw Advisor for Lewis & Clark College.
Professor Parikh has served as an expert witness and policy advisor in a wide range of business law matters, including In re NexxLinx, Bloodworth v. Tyfone, and Htaike v. Sein.
- Bankruptcy Tourism and the European Union’s Corporate Restructuring Quandary: The Cathedral in Another Light (forthcoming) [one of eight articles selected to be part of the Oxford Business Law Workshop Series (Trinity Term); selected for distribution by the Harvard Bankruptcy Roundtable]
- Failing Cities and the Red Queen Phenomenon, 58 B.C. L. Rev. 599 (2017) (with Zhaochen He)
- A New Fulcrum Point for City Survival, 57 Wm. & Mary L. Rev. 221 (2015) (winner of the Southeastern Association of Law Schools’ 2015 Call for Papers Competition)
- Bloomberg Law: Bankruptcy Treatise (Editor-in-Chief and Original Contributing Author)
- Examples & Explanations (Bankruptcy and Debtor/Creditor) (co-author, 7th ed.)
- Exploring the Chapter 9 Option for Oregon’s Municipalities, 50 Willamette L. Rev. 619 (2014) (with Oren Haker) [Solicited Symposium Article]
- Modern Forum Shopping in Bankruptcy, 46 CONN. L. REV. 159 (2013) (this article served as the template for venue reform legislation currently pending before Congress and is the single most cited article in the National Conference of Bankruptcy Judges’ Report on Proposal for Revision of the Venue Statute in Commercial Bankruptcy Cases (2018))
- Saving Fraudulent Transfer Law, 86 Am. Bankr. L.J. 305 (2012) (cited in In re Lyondell Chemical Co.,2016 WL 4030937 (S.D.N.Y. 2016); recognized as one of the seminal articles on Section 546(e) and leveraged buyout avoidance (Bloomberg Law: Bankruptcy Treatise, pt. II, ch. 74 (D. Michael Lynn et al. eds., 2016))
- The Improper Application of the Clear-and-Convincing Standard of Proof: Are Bankruptcy Courts Distorting Accepted Risk Allocation Schemes? 78 U. Cin. L. Rev. 271 (2009)
Specialty Areas & Course Descriptions
Professor Parikh’s teaches classes involving financial restructuring, bankruptcy, business associations, banking, and white collar crime.
- JD University of Michigan
- BBA University of Miami