This casebook furnishes the full canon of bankruptcy law developed under the 1978 Code as amended post-BAPCPA. Carefully selected principal cases, thoughtful notes, and well-constructed problems explicate current law and connect it with bankruptcy’s rich history while engaging current scholarly and policy debates. In one manageable volume, this casebook provides adopters the most up-to-date teaching material on the market for both business and consumer bankruptcy classes. A new chapter, “The Sale Alternative,” describes and critiques the booming use of going concern 363 sales in lieu of traditional reorganization. The 2014 ABI Report proposing fundamental changes to chapter 11 practice is highlighted. Cross-border and jurisdictional materials reflect Chapter 15’s coming of age and the progress of Stern v. Marshall’s jurisdictional revolution. Current developments in avoiding powers, from Ponzi cases to highly-leveraged transactions, are incorporated.