In the Beginning:

Before the creation of the Section of Business Law (the “Section”), the ABA handled business law through the Standing Committee on Commercial Law and Bankruptcy. Then, in 1938, the Section of Commercial Law was created, which was the precursor to the Section of Business Law.

In 1939-1940, the first year of operation for the Section, there was a chairman, vice chairman, secretary, eight council members, and four committees. Two of these committees were administrative (Cooperation with other Committees and Sections, and Membership), and two of these committees were substantive, dealing with bankruptcy subjects. Continue reading →