<div style="float: right; width: 33%; padding: 5px;"><img src="irl://143//" alt="" width="100%" /></div>
<p>Delaware Law School Professor <a href="ipl://20//WyIxMTEiXQ==">Bruce Grohsgal</a> was recently invited to Washington D.C. to testify on the &ldquo;Financial Institution Bankruptcy Act of 2017,&rdquo; in front of The House Judiciary Subcommittee of Regulatory Reform, Commercial and Antitrust Law.</p>
<p>The Committee is chaired by Congressman Bob Goodlatte (R-Va.), other members include Congressman Tom Marino (R-Pa.), Congressman Matt Gaetz (R-Fl.) and Congressman David Cicilline (D-RI.).</p>
<p>The goal of the &ldquo;Financial Institution Bankruptcy Act of 2017,&rdquo; or FIBA, is to facilitate the swift and transparent resolution of a distressed financial institution under the Bankruptcy Code.</p>
<p>Grohsgal&rsquo;s involvement in real world affairs gives him great gratification.</p>
<p>&ldquo;It&rsquo;s a tremendous privilege and benefit to perform this duty and to represent Delaware Law in a positive way,&rdquo; he said, &ldquo;Having some effect on the world is one of the central reasons that drove me to this job.&rdquo;</p>
<p>Professors like Grohsgal not only play a pivotal role in society, but in the classroom as well.</p>
<p>Grohsgal is the Helen S. Balick Visiting Professor in Business Bankruptcy Law at Delaware Law, where he teaches bankruptcy, secured transactions, contracts, and financial regulation, and is a member of the <a href="ipl://103//W10=">Institute of Delaware Corporate and Business Law</a>. He testified in Washington on March 23.</p>
<p>&ldquo;To have someone like Professor Grohsgal at Delaware Law is an asset to the students and community that can not be overstated,&rdquo; said Mike Weinert, Widener University Delaware Law School student. &ldquo;Professor Grohsgal is unique in his own respect, but at the same time he is cut from the same cloth of the majority professors at Delaware Law &ndash; always willing to go above and beyond.&rdquo;</p>