Showing posts with label Alex Huang. Show all posts
Showing posts with label Alex Huang. Show all posts

Friday, December 19, 2025

Alex Huang on Bankruptcy Law's doctrinal evolution: An empirical study (ABLJ)

"Bankruptcy Law's doctrinal evolution: An empirical study"
Alex Huang
American Business Law Journal, Volume 62, Issue 4, pp. 289 - 312
Published online: October 2025

Abstract: Despite the stability of the formal Bankruptcy Code, an influential literature suggests a paradigm shift from debtor control to lender control in the actual processing of Chapter 11 cases. Yet, while existing studies highlight who now benefits more from case outcomes, how the doctrinal case content has evolved amidst this paradigm shift remains unexplored. To address this gap, I examine the doctrinal evolution of Chapter 11 cases through citation practices. In bankruptcy law, judges are required to cite sections and co-cite doctrinally related code sections to justify their decisions, similar to how precedents are co-cited. The citation practices enable a systematic examination of corporate reorganization law using information from 6439 bankruptcy opinions, revealing a shift toward a closer relationship between operational and distributional sections. These two types of sections govern critical bankruptcy decisions: operational sections oversee firm activities related to asset deployment and securing financing, while distributional sections regulate decisions concerning creditors' priority and payoffs. Both individual section co-citation analysis and the global examination based on community detection and text analysis demonstrate that these two categories of sections have transitioned from being infrequently co-cited to being frequently co-cited. This article explains the strengthened co-citation relationship between operational and distributional sections as a result of a shift in business transaction structures. In modern bankruptcy, distributional decisions are increasingly made simultaneously with operational decisions—the bundling structure, rather than the traditional unbundled structure. This bundling serves as the mechanism through which lender control is exercised as it sidesteps the priority rule in favor of certain senior lenders. As judges oversee more bundled transactions, sections of different types, implicitly or explicitly, are co-cited more frequently. This study systematically identifies the doctrinal shift from unbundling to bundling for the first time. By linking case content to outcomes, this study enhances our understanding of the bankruptcy law paradigm shift. Furthermore, this network approach to addressing the inconsistency between judicial practice and formal law holds potential in other fields.

Wednesday, December 17, 2025

HKU–ALSA Young Scholars Conference Successfully Held at the University of Hong Kong

The HKU–ALSA Young Scholars Conference was successfully held at the University of Hong Kong from December 5 to 6, 2025. The two-day conference brought together early-career scholars and senior academics from diverse jurisdictions to engage in in-depth discussions on emerging frontiers in legal research. As the second installment of the ALSA Young Scholars Conference series, following its inaugural meeting at Singapore Management University in 2024, the conference reaffirmed the series’ longstanding commitment to supporting and advancing early-career scholarship.


At the core of the conference were presentations by twelve early-career scholars, whose papers were rigorously selected by the organizing committee from more than 130 submissions spanning five continents. The participating scholars represented leading institutions, including Tsinghua University, the University of Hong Kong, the University of Macau, the National University of Singapore, the University of Cambridge, and the Pontifical Catholic University of ParanĂ¡ in Brazil. Their research addressed a wide range of jurisdictions, including China, the United States, Europe, Southeast Asia, and South America. The organizing committee comprised Dr. Zhicheng Huang, Global Academic Fellow at the Faculty of Law, University of Hong Kong; Professor Akshaya Kamalnath of the Australian National University; and Professor Amnart Tangkiriphimarn of Thammasat University.

The conference opened with welcoming remarks by Professor Fu Hualing, Dean of the Faculty of Law at the University of Hong Kong, and Professor Tan Cheng Han, President of the Asian Law Schools Association and Professor at the National University of Singapore. This was followed by a leadership roundtable on Asian Legal Education, which brought together four law school deans, including Dean Fu Hualing; Professor Tan Cheng Han, former Dean of the law schools at the National University of Singapore and City University of Hong Kong; and Professor Sida Liu, Associate Dean of the Faculty of Law at the University of Hong Kong. The roundtable explored how Asian law schools can balance localization and internationalization, and how legal education should respond proactively to the challenges posed by artificial intelligence to both the legal profession and curriculum design.


Over the course of the conference, four thematic sessions focused on Empirical Legal Studies, AI and Law, Commercial Law, and Data and Information. Each session provided a supportive and intellectually rigorous setting for sustained exchange between early-career scholars and senior academics. The twelve presenters engaged in close and dynamic dialogue with their discussants, benefiting from detailed and constructive feedback on their research.

In the Commercial Law session, Dr. Guo Shuai, Associate Professor at China University of Political Science and Law, introduced his original comparative law concept of Interadaptationism and, building on this framework, examined the role of the Global South in reshaping the future of bankruptcy law. He noted that the conference was thoughtfully designed and particularly effective in fostering a scholarly community that encouraged deep engagement among early-career researchers from diverse disciplinary backgrounds.


Professor Cheng Jin-Hua of Shanghai Jiao Tong University served as a discussant in the Data and Information session, where he commended the overall quality of the selected papers and expressed his hope for closer collaboration between universities in mainland China and Hong Kong in the training of young scholars. Professor Wang Jiangyu of City University of Hong Kong acted as a discussant in the AI and Law session, emphasizing that mentoring early-career scholars is a core responsibility of senior academics and highlighting the unique value of young scholars conferences as platforms for sustained academic support.

In addition to the thematic sessions, three keynote addresses collectively outlined a clear pathway for scholarly development. Professor Benjamin Chen of the University of Hong Kong spoke on interdisciplinary research, illustrating how law and economics and empirical methods can be mobilized to address complex legal problems. Professor Wang Jiangyu, drawing on his experience as editor-in-chief of two leading academic journals, offered guidance from an editor’s perspective and underscored the importance of clearly articulating a paper’s original scholarly contribution. Professor Douglas Arner of the University of Hong Kong focused on impactful legal research, arguing that impact should be understood not merely as an ex post assessment, but as an ex ante research orientation that guides scholars in framing research questions and selecting materials.


In the closing remarks, the organizing team expressed its sincere appreciation to all speakers, discussants, and administrative colleagues for their dedication to academic mentorship and careful engagement with the presented work. The team also expressed its hope that future editions of the Young Scholars Conference will continue to provide sustained and meaningful support for the academic development of early-career scholars.

Friday, July 18, 2025

Call for Papers: 2025 HKU-ALSA Young Scholars Conference



Call for Papers
2025 HKU-ALSA Young Scholars Conference

We are delighted to announce that the HKU-ALSA Young Scholars Conference, organized by the Asian Law Schools Association (ALSA) Young Scholars Chapter in collaboration with the University of Hong Kong, the Australian National University, and Thammasat University, will be held at the University of Hong Kong on 5th and 6th December 2025.

The conference will provide a unique opportunity for young scholars to present their research and receive constructive feedback. It will also feature senior scholars reflecting on and sharing insights from their academic journeys.

Eligibility for paper submissions is limited to young scholars, defined as doctoral candidates, assistant professors, and associate professors with less than 15 years of academic experience. Young scholars working in the following areas are especially encouraged to participate in this call:
  • Corporate Law and Bankruptcy Law
  • Law and Technology, with a focus on Law and Artificial Intelligence
  • Empirical Legal Studies
  • Alternative Dispute Resolution
Submissions

Expressions of interest to present at the ALSA Young Scholars Conference should be sent to alsayoungscholars@gmail.com and should include the following information:

- Name, affiliation and contact details of the presenter
- Bio (no more than 150 words)
- Full papers in English that are unpublished, including preliminary or early-stage drafts.

The expression of interest, along with the accompanying information above, should be submitted by 15th August 2025. Please use “Name_Paper Title” as the subject line of your email.

Organizing committee

- Alex Zhicheng Huang, Global Academic Scholar, Faculty of Law, University of Hong
Kong, HKSAR
- Akshaya Kamalnath, Associate Professor of Law, Australian National University,
College of Law, Australia
- Amnart Tangkiriphimarn, Vice Dean for International Affairs and International
Programs, Thammasat University, Faculty of Law, Thailand

Selected speakers will be notified by 10th September 2025 and invited to deliver an in-person presentation in Hong Kong. Early submissions are strongly encouraged. We kindly ask for your understanding that due to the volume of submissions, only selected speakers will receive notification.

We are firmly committed to fostering a diverse and inclusive environment. We aim to provide an open and collegial platform for scholarly exchange that brings together law scholars from across Asia and beyond. We look forward to receiving your valuable contributions and to building lasting connections within our scholarly community.

Wednesday, June 11, 2025

Dr Alex Huang won Gold Medal in International Insolvency Institute 2025 Prize in International Insolvency Studies

Congratulations to our Global Academic Fellow, Dr Alex Huang, whose submitted paper The Doctrinal Evolution of Bankruptcy Law was awarded the Gold Medal in International Insolvency Institute (III) 2025 Prize in International Insolvency Studies.

Dr. Alex Huang applies network analysis and natural language processing to a dataset of 6,500 bankruptcy opinions issued between 1982 and 2017. His study traces a doctrinal shift in the relationship between two sets of rules: distributional rules, which determine the priority and payoff of creditors, and operational rules, which aim to preserve or enhance firm value through business operations. Although the U.S. Bankruptcy Code itself has remained largely intact, the relationship between these two types of rules has changed dramatically over the past three decades—shifting from unbundling to bundling. This work reveals a profound evolution in the practice of corporate reorganization.

The International Insolvency Institute is a non-profit, limited-membership organization dedicated to advancing and promoting insolvency as a respected discipline in the international field. Its primary objectives include improving international co-operation in the insolvency area and achieving greater coordination among nations in multinational business reorganizations and restructurings. The III Prize is awarded for original legal research, commentary or analysis on topics of international insolvency and restructuring significance and on comparative international analysis of domestic insolvency and restructuring issues and developments. The Prize Competition is open to full and part-time undergraduate and graduate students and to practitioners in practice for nine years or less.

Past recipients of the III Prize include leading scholars in the field of insolvency law, among them Professor Irit Ronen-Mevorach of Warwick Law School and Professor John Pottow of the University of Michigan.

Friday, November 8, 2024

Welcome the new Global Academic Fellow Dr Alex Zhicheng Huang!

Welcome to Dr Alex Zhicheng Huang who joined the Faculty of Law as a Global Academic Fellow. Dr Alex Huang’s research focuses on bankruptcy law, corporate law, judicial behavior, and the application of economics and data science to legal questions. His current projects involve the use of network analysis and natural language processing to examine a large number of judicial opinions related to Chapter 11 reorganization. He explores computational doctrinal analysis to examines the content of law—legal reasoning and justification—in an empirical way. Computational doctrinal analysis sets itself apart from both the outcome-oriented empirical legal studies and the case study-driven doctrinal analysis. Additionally, he is interested in the role of courts, judicial performance evaluation, and public trust in the judiciary, particularly the impacts of new technologies like artificial intelligence on these fields.

His writings have appeared in the Emory Bankruptcy Developments Journal and Research of Institutional Economics, and he has contributed chapters to several books. His research has been featured in several media outlets and academic blogs including the Financial Times, The Deal, Reorg, Oxford Business Law Blog, and Harvard Law School Bankruptcy Roundtable. He has received several research awards, including the Best Paper Award at the Annual Law and Economics Conference in China and the Most Innovative Presentation Award at the INSOL ERA Annual Workshop.

Dr Alex Huang holds a JSD and LLM from the University of California, Berkeley, where he was named to the Dean’s List. He was also a Lloyd M. Robbins Fellow at the Berkeley School of Law and a Berkeley Empirical Legal Studies Fellow at the Berkeley Center for the Study of Law and Society. He earned his Bachelor of Laws from Sun Yat-sen University, where he received the China National Scholarship.

Before teaching Cross-border Insolvency Law at HKU Law, he taught Law and Economics I & II, Sociology of Law, Law in Chinese Society, and Fundamentals of U.S. Law as a lecturer and graduate student instructor in the legal studies program and the law school at UC Berkeley.

Huang is also a Research Associate at the Sun Yat-sen University Law and Economics Research Center, where he serves as a co-investigator for a key project funded by the National Social Science Fund of China.