Printed: December 03, 2023
For example, Weil’s bankruptcy litigations were instrumental in bringing about the sale of General Motors’ assets within a mere 40 days from the commencement of the chapter 11 cases. Weil’s litigators have spearheaded countless successful proceedings and transactions in the Lehman Brothers chapter 11 cases, the largest chapter 11 in history. This involved more than one trillion dollars in claims, countless adversary proceedings, mediations, and negotiations through which billions of dollars have been recovered, unwinding over 10,000 derivative contracts and 1.7 million derivative transactions, as well as coordinating the chapter 11 cases with the insolvency proceedings of approximately one hundred of Lehman’s foreign affiliates in more than 16 jurisdictions pursuant to the first ever multilateral cross-border insolvency protocol.
Weil’s bankruptcy litigators have helped steer numerous other debtors through a variety of matters, including American Airlines, Washington Mutual, Enron, and WorldCom, to name a few. All of these matters required Weil’s bankruptcy litigators to be nimble, creative, and undaunted in finding solutions for difficult and, in many cases, unprecedented issues. Weil’s practice crosses borders, which Weil handles without missing a beat. In the groundbreaking and historic case of MF Global UK’s special administration, for example, Weil worked with financial regulators in multiple jurisdictions, including the Financial Services Authority (now the Financial Conduct Authority) in the United Kingdom.
From litigating to advising to negotiating the best possible results for Weil’s clients, Weil’s bankruptcy litigation practice is battle tested and well-equipped to deliver success.
We excel at taking on one-of-a-kind cases that do not come with a set playbook: class actions arising from the BP oil spill in the Gulf of Mexico; allegedly defective bullet-resistant vests; toxic-exposure from the World Trade Center cleanup – crisis matters that span state and national borders.