WIlliam E. Hiller

WIlliam E. Hiller, Geoffrey R. Peck | Willkie Farr & Gallagher LLP

Part I of this article appears in the May 2004 issue of The Metropolitan Corporate Counsel.In Part I of this article we examined some of the basic rules of contract interpretation and their application to a hypothetical situation involving the priority of postpetition interest.1 We will now examine...

WIlliam E. Hiller, Geoffrey R. Peck | Willkie Farr & Gallagher LLP

Part II of this article appears in the June 2004 issue of The Metropolitan Corporate Counsel.You and your borrower signed the loan documents two months ago. The borrower now tells you that it intends to consummate a transaction you just can't imagine you agreed to let it do. As you listen to the...