Standards and Strategies for Voting and Solicitation in Mass Tort Bankruptcies
By Daniel Simon, Partner, McDermott Will & Emery; Lindsey D. Simon, Assistant Professor, University of Georgia School of Law; & Travis Vandell, Managing Director, Stretto
In recent years, Bankruptcy Courts have seen an influx of bankruptcies that primarily result from a debtor’s outstanding mass tort liability. While many commentators focus on plan confirmation issues, such as non-debtor releases, mass tort bankruptcies pose unique challenges in the solicitation...
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Lindsey Simon is an assistant professor at the University of Georgia School of Law. Her research focuses on bankruptcy structure and procedure. Simon’s most recent scholarship addresses the intersection between mass torts and bankruptcy, including an article on non-debtor relief in Chapter 11 in the Yale Law Journal. Her commentary on mass tort bankruptcies has appeared in various media outlets, including The Wall Street Journal, The New York Times, Forbes, The Economist, NPR, and Reuters.
Dan Simon is a partner in the Restructuring Group at McDermott Will & Emery. He primarily represents companies undergoing transformation and distress, and has significant experience in complex and contentious Chapter 11 cases. He focuses on providing practical solutions to his clients, balancing the need for consensual resolutions against benefits and risks of litigation.
Travis Vandell brings more than 20 years of turnaround experience to his role as managing director at Stretto. Drawing on his substantive knowledge and insight as a former corporate restructuring attorney, he applies a practical application to case management for his clients. Throughout his career, Vandell has effectively led teams on Chapter 11 matters from a diverse range of industries.