Bankruptcy & Restructuring
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Bankruptcy & Restructuring
Lien-Stripping Landscape More Hospitable to Debtors: Decisions suggest avoiding a lien on real property may be permissible
Lien stripping is a topic that has frequently been in the bankruptcy news this summer in light of the U.S. Supreme Court’s recent decision in Bank of America v. Caulkett. Post-Caulkett, we here at the Weil Bankruptcy Blog queried whether the Dewsnup rule that liens could ride through a...
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Preserving Value for Government Contractors in Bankruptcy: Anti-Assignment Act dictates careful planning before Chapter 11
The ability of a debtor in bankruptcy to retain valuable contracts while shedding burdensome ones is one of the greatest tools provided by the Bankruptcy Code. This power is critical to a debtor's chances of reorganizing successfully and extracting value from its assets, and is generally very...
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Weil Says Farewell to King of Bankruptcy Harvey Miller
Former Weil, Gotshal & Manges partner Harvey R. Miller died April 27 after a courageous battle with ALS. He was 82 years old. Mr. Miller joined Weil in 1969 as the firm’s 14th partner. He was a leading force in the evolution of Weil into one of the world’s preeminent...
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