By Robert J. Dehney, Partner, Morris Nichols Arsht & Tunnell
Congress designed Chapter 11 to be flexible to promote the twin goals of rehabilitating distressed businesses and maximizing stakeholder returns.1 Several recent decisions from the U.S. Bankruptcy Court and District Court for the District of Delaware highlight how Chapter 11’s...
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Robert J. Dehney is a partner with Morris Nichols Arsht & Tunnell and leads the firm’s Business Reorganization & Restructuring Practice. He represents debtors and creditors in all facets of pre- and post-Chapter 11 filings, including out-of-court reorganization and restructuring, acquisitions, and complex lending arrangements. Dehney regularly works with inside and outside counsel, turnaround professionals, crisis management firms, investment bank and non-investment bank professionals, debtors-in-possession, and exit financing lenders. His engagements span diverse industry segments.