He regularly represents trade creditors, creditors' committees, secured lenders and other secured creditors, landlords, preference and fraudulent transfer defendants, trustees, liquidating trustees, bondholders, Chapter 11 debtors-in-possession
and many others.
The debtors will continue to operate their businesses as "debtors-in-possession
" under the jurisdiction of the bankruptcy court and in accordance with the applicable provisions of the U.S.
The purchase price for substantially all of the global business of Westinghouse Electric Company LLC and its affiliated debtors and debtors-in-possession
excludes cash, but includes the assumption of certain pension, environmental and other operating obligations.
The company is operating its US operations as debtors-in-possession
under the protection of the US bankruptcy laws, while the company's operations in the U.K., Greece, China, Brazil, India, Russia, the United Arab Emirates, and other jurisdictions outside the US are continuing normal business operations.
Like most debtors-in-possession
, VP Debtors was required to secure workers' compensation insurance after LTV and VP Debtors filed for bankruptcy.
He has extensive experience in representing secured and unsecured creditors, debtors and debtors-in-possession
and chapter 7 and 11 trustees in complex bankruptcy cases.