Avoidance Actions Can Be Key to a Successful Chapter 11
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Avoidance Actions Can Be Key to a Successful Chapter 11
By Edward E. Neiger, Managing Partner & Jennifer A. Christian, Partner, ASK LLP
In a typical Chapter 11 bankruptcy case, the initial terms of a debtor-in-possession (DIP) financing arrangement likely include a provision granting the DIP lender a lien on the bankruptcy avoidance actions and/or the proceeds of such actions, and one of the first things a committee of unsecured...
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Jennifer A. Christian is a partner at ASK LLP, where her practice focuses on representing indenture trustees, secured and unsecured creditors, liquidating trustees, and other major constituencies in complex bankruptcy cases. She has more than 15 years of experience, having served as counsel at Thompson & Knight LLP, as an associate with Kelley, Drye & Warren LLP and Bryan Cave LLP, and as a law clerk to a federal bankruptcy judge before joining ASK LLP.
Edward E. Neiger is a managing partner at ASK LLP, where his practice focuses on representing unsecured trade creditors in complex bankruptcy cases. Prior to joining ASK, Neiger founded Neiger LLP, where he represented clients in the bankruptcy cases of Lehman Brothers, American Airlines, and General Motors, among others. As an attorney with Weil, Gotshal & Manges LLP, he worked on behalf of such debtors as Enron, Worldcom, and Global Crossing.
