University of Maine School of Law Professor Lois Lupica, a nationally acclaimed expert in the area of bankruptcy law, was elected this month to the board of directors of the American Bankruptcy Institute.
The announcement was made during the organization’s spring meeting, held April 24-27 in Washington, D.C. Of the 11 new board members, Lupica was the only law professor elected.
Last year, Lupica won the Wes Steen ABI Law Review Writing Prize this spring from the American Bankruptcy Institute. She was honored for her article, “The Consumer Bankruptcy Fee Study: Final Report,” which appeared in the 2012 Spring edition of the ABI Law Review. The award came with a prize of $5,000. Lupica was the reporter and principal investigator for the Consumer Fee Study, which examined the changes in 2005 to bankruptcy law, and how those changes impacted debtors, trustees and lawyers.
Lupica is also one of three national leaders of the “Consumer Financial Distress Project.” In this groundbreaking project, the law professors and their students are conducting research to identify the best practices for legal service providers to assist people with financial and credit problems. Lupica is spearheading the project with Professor Jim Greiner of Harvard Law School, and Professor Dalié Jiménez at the University of Connecticut School of Law.
According to its website, ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes more than 13,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information.