Credit Slips would like to welcome Professor Michelle Harner as a guest blogger. Harner is a professor at the University of Maryland School of Law teaches courses in bankruptcy and corporate law, including corporate finance. Before joining academia, Harner was a partner at Jones Day, and her work reflects a deep understanding of how bankruptcy law works in practice. Most recently, she has been working on articles that explore the ethical and legal responsibilities of directors of financially distressed businesses. Welcome Michelle.