Greg Fox, Creditors’ Rights and Bankruptcy Team Chair, has been elected into the American Law Institute (ALI), considered one of the nation’s preeminent legal organizations.
ALI’s elected membership of lawyers, judges and law professors bring their diverse experience to the organization’s work of clarifying the law through restatements, analysis and formulation of legal principles. Membership in this exclusive group of just 3,000 members requires a rigorous nomination and review process. Fox was selected based on his contributions in the field of commercial finance law. He is a Fellow of the American College of Commercial Finance Lawyers, past President of the Turnaround Management Association Northwest Chapter, Co-Chair of the Washington State Bar Association’s UCC Committee, and Co-chair of the American Bar Association’s Business Law Section Task Force for Security Interests in LLC’s and Unincorporated Entities.
“I’m honored to be elected into such an esteemed group and look forward to contributing to the work of the ALI,” said Fox.
The American Law Institute was founded in 1923 following a study conducted by a group of prominent U.S. judges, lawyers and teachers known as "The Committee on the Establishment of a Permanent Organization for the Improvement of the Law." The Committee believed two primary defects existed in American law — its uncertainty and its complexity — and this produced a "general dissatisfaction with the administration of justice." The ALI continues to successfully pursue its mission of clarifying and simplifying the law to further the administration of justice.
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