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USC Law Dean Inducted into the American College of Bankruptcy

Friday, Mar 23, 2012

By, Maria Iacobo

Robert K. Rasmussen, dean of the University of Southern California Gould School of Law, was inducted into the American College of Bankruptcy as a Fellow of the College in Washington, D.C. last week.  The ceremony took place at the U.S. Supreme Court in the Great Hall, and it was presided over by Paul M. Singer, Chair of the College.

Rasmussen is one of 36 nominees from the U.S. and abroad inducted into the 23rd Class of College Fellows.  All are being honored for their professional excellence and exceptional contributions to the fields of bankruptcy and insolvency.
Dean Rasmussen
Dean Robert K. Rasmussen
“It is a great honor to be a member of the College,” said Rasmussen.  “When I look at those who are in the College, especially those here from Southern California, it is clear that these are the leaders of our insolvency community. I very much appreciate being invited to join those whom I have admired for years.”
The American College of Bankruptcy is an honorary professional and educational association of bankruptcy and insolvency professionals, and the college plays an important role in sustaining professional excellence.  College Fellows include commercial and consumer bankruptcy attorneys, insolvency accountants, turnaround and workout specialists, law professors, judges, government officials and others in the bankruptcy and insolvency community.

Nominees are invited to join based on a record of achievement reflecting the highest standards of professionalism.  The College has 789 Fellows, each selected by a Board of Regents from recommendations of the Circuit Admissions Council in each federal judicial circuit and specially appointed Committees for Judicial and Foreign Fellows.

Rasmussen's scholarly expertise focuses on the interaction of market forces and corporate reorganization law.  He is the author or co-author of dozens of articles published in leading law journals including the “Supreme Court Review,” “Stanford Law Review,” “Michigan Law Review” and “Yale Law Journal.”  Rasmussen joined USC Law as dean and Carl Mason Franklin Chair in Law in 2007 after 18 years on the faculty of Vanderbilt University Law School.

Dean Rasmussen earned his J.D. cum laude from the University of Chicago Law School, where he was comment editor of the “University of Chicago Law Review” and his B.A. magna cum laude from Loyola University of Chicago.
Criteria for selection include: the highest standard of professionalism, ethics, character, integrity, professional expertise and leadership contributing to the enhancement of bankruptcy and insolvency law and practice; sustained evidence of scholarship, teaching, lecturing or writing on bankruptcy or insolvency; and a commitment to elevate knowledge and understanding of the profession and public respect for the practice.

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