
Professor of Law
J.D., University of Illinois, College of Law
B.A., Economics, University of Illinois, College of Liberal Arts and Sciences
Marie T. Reilly is a professor at Penn State Law and an expert in bankruptcy and commercial law. She served as Associate Dean for Academic Affairs from 2008 to 2015. Prior to joining the Penn State faculty, she was a professor at the University of South Carolina School of Law. Before she became a law teacher, she practiced law with Williams & Connolly in Washington, D.C., and Schiff Hardin in Chicago, Illinois. She teaches contracts, bankruptcy, and commercial law subjects and co-teaches a bootcamp-style course on business fundamentals for law students. Her scholarship considers legal responses to insolvency problems in light of economic, political, and social influences over time. She is a co-author of a law school casebook on secured transactions. Her articles address a wide variety of issues including Catholic organization bankruptcies, fraudulent transfer law, successor liability, marital agency, and tax lien foreclosures. Professor Reilly holds a B.A. (economics) and J.D. from the University of Illinois. She is an elected member of the American Law Institute and a member of the bars of Illinois, District of Columbia, and South Carolina.
Catholic Dioceses in Bankruptcy, 49 Seton Hall L. Rev. 871 (2019).
Retribution Against Catholic Dioceses by Revival: The Evolution and Legacy of the New York Child Victims Act Claims Revival Window, 86 ALB. L. Rev. (forthcoming 2021)
Catholic Dioceses in Bankruptcy (2021), https://elibrary.law.psu.edu/bankruptcy/
Due Process in Public University Discipline Cases, 120 Penn. State L. Rev. 1001 (2016), reprinted in IHELG Research Monograph No. 17-09 (2017) http://www.law.uh.edu/ihelg/mongraph/17-09.pdf.
Secured Transactions Under the Uniform Commercial Code and International commerce with Louis Del Duca, Fred H. Miller, Edwin E. Smith & Peter Winship (2d ed. 2011).
The Case for the Tax Collector, 18 Bankr. L. & Prac. 6 (2009).
In Good Times and in Debt: The Evolution of Marital Agency and the Meaning of Marriage, 87 Nebraska L. Rev. 1001 (2008).
You and Me Against the World: Marriage and Divorce From Creditors’ Perspective in Reconceiving the Family: Critical Reflections on the American Law Institute’s Principles of the Law of Family Dissolution (Robin Fretwell Wilson ed., Cambridge University Press 2006).
A Search for Reason in “Reasonably Equivalent Value” After BFP v. Resolution Trust Corp., 13 Am. Bankr. Inst. L. Rev. 261 (2005).
What Goes Up Must Come Down: Check Kiting, the UCC, and the Trustee’s Avoiding Powers, 77 Am. Bankr. L. J. 333 (2004).
Making Sense of Successor Liability, 31 Hofstra L. Rev. 745 (2003).
The Federal Interest in the Transfer of Patent Licenses in Bankruptcy, 10 J. Bankr. L. & Prac. 3 (2000).
The Wasted Sacrifice of Lessors’ Lost Profit Claims in Bankruptcy, 60 Louisiana L. Rev. 233 (1999).
The Latent Efficiency of Fraudulent Transfer Law, 57 Louisiana L. Rev. 1213 (1997).
Sex and Reason by Richard Posner, 25 Archives of Sexual Behavior (book review) (1996).
A Paradigm for Sexual Harassment: Toward the Optimal Level of Loss, 47 Vand. L. Rev. 427 (1994).
The FDIC as Holder in Due Course: Some Law and Economics, 2 Columbia Business L. Rev. 165 (1992).
E-Library Catholic Dioceses in Bankruptcy Project
John Simerman, How Archdiocese of New Orleans’ bankruptcy might impact clergy abuse case settlements, The Times-Picayune, May 3, 2020
Ivey DeJesus, Harrisburg Catholic Diocese in bankruptcy: Here’s what it might look like, PennLive Patriot-News, February 19, 2020
Zack Hoopes, Church structure complicates bankruptcy’s impact on local parishes, The Sentinel, March 4, 2020
Joseph Darius Jaafari, Determining Harrisburg Diocese’s assets will be complicated, PA Post, February 19, 2020
Jack Lyons, Dioceses come under scrutiny as they change legal structures, Crux, January 23, 2020
Mark Scolforo, Another Catholic diocese seeks bankruptcy after abuse deals, Seattle Times, February 19, 2020
A. O. Quig, Moody’s Downgrades Chicago Archdiocese debt, Crain’s Chicago Business, May 29, 2020
S&P Global Market Intelligence, Diocese bankruptcy offers window into insurance impact of NY Child Victims Act, October 7, 2019
Carolyn Thompson, Associated Press, Catholic diocese in upstate New York files for Bankruptcy, National Catholic Reporter, September 12, 2019
Associated Press, Another Catholic Diocese Seeks Bankruptcy after Abuse Deals, U.S News and World Report, February 19, 2020
Peter Jesserer Smith, Boy Scouts’ Bankruptcy Deals a Blow to Catholic Families, National Catholic Register, February 21, 2020
The Boy Scouts of America files for bankruptcy amid child-abuse lawsuits, The Economist, February 20, 2020