Douglas G. Baird is Harry A. Bigelow Distinguished Service Professor of Law at the University of Chicago, and Chair of the National Bankruptcy Conference. A fellow of the American Academy of Arts and Sciences, he has served as a director and scholar-in-residence at the American College of Bankruptcy and is a past president of the American Law and Economics Association. His book Elements of Bankruptcy (7th edn., 2022) is regularly cited by the US Supreme Court and other appellate courts.