Bad Boys of Bankruptcy: Season 2, Episode 8: The Pirates of the Penitentiary

37 Min Listen By: ABA Business Law Section

Stephen Lawrence and Thomas Thompson both sat in prison, holding the proverbial keys to their own cells, for years on end. One was alleged to have stashed assets in an offshore trust before filing for bankruptcy; the other was alleged to have stashed the golden spoils of a shipwreck beyond the reach of creditors. Joined by Professor Christopher Hampson and Mac VerStandig, Judge Gunn explores two cases where people seemingly valued riches over freedom, and how those cases yielded two of the longest stretches of civil incarceration in modern American history.

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