The Accelerated Chapter 11: Be Careful What You Ask For?
By Mark S. Indelicato, October Guest Editor
Almost since the inception of the U.S. Bankruptcy Code in 1978, many parties in the bankruptcy process have espoused the virtues of speed in accomplishing the desired goals. Certain amendments to the Bankruptcy Code have fostered this desire for speed. But has the pendulum swung too far? Are we...
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Mark S. Indelicato is managing partner of Hahn & Hessen LLP. He specializes in the practice of bankruptcy and creditors’ rights. He has been counsel to official unsecured creditors’ committees in cases that include Gymboree, Vertellus Specialties Inc., Furniture Brands International Inc., Reichhold Industries, and some of the largest subprime mortgage lender bankruptcies filed, including New Centruy TRS Holdings Inc., and American Home Mortgage Corp. Indelicato is past TMA Global chair and president and past president of the New York Chapter.