Attorney Bill Wallo Speaks at 13th Annual Bankruptcy, Insolvency, and Creditor Rights Section Educational/Social Retreat

Attorney Bill Wallo moderated a chapter 11 breakout session at the 13th Annual Bankruptcy, Insolvency, and Creditor Rights Section Educational/Social Retreat held March 1-2, 2018 at the American Club in Kohler Wisconsin. The session was entitled “Chapter 11 Contested Confirmation Issues: Classification; Settlements; Poison Pills; Valuation; Cramdown.”

Panelists for the session were Michael P. Richman, special counsel for the New York office of Hunton & Williams LLP in the firm’s Bankruptcy Restructuring & Creditors’ Rights practice group; Thomas J. Salerno, a partner in the Bankruptcy and Creditors Rights group at Stinson Leonard Street LLP in Arizona; and  Edward T. Gavin, managing director and founding partner of Gavlen/Solomonse LLC, where he works as a financial advisor, asset sale advisor, and chief restructuring officer for debtors and creditors.

Topics discussed included recent cases involving the use of “golden shares” to prevent corporate bankruptcy filings, voting and other issues related to confirmation of chapter 11 plans, and the appropriate mechanisms and methodologies for calculating interest rates for secured claims.

Bill is a shareholder and member of Weld Riley’s business and litigation sections. He represents individuals, business owners, companies, and lenders in a variety of transactional matters, commercial litigation, and bankruptcy, insolvency, and financial restructuring. He previously served as the career law clerk to a bankruptcy judge, is the chair-elect of the board of directors of the Wisconsin State Bar’s Bankruptcy, Insolvency & Creditor Rights Section, and is a frequent speaker on bankruptcy and commercial law issues.

Weld Riley, S.C. is the largest law firm in northwestern Wisconsin, with more than thirty attorneys offering a wide range of legal services in three locations. Weld Riley, S.C. was founded in 1991. The firm consists of more than thirty lawyers across three offices (Eau Claire, Menomonie, and Black River Falls) and offers a full range of legal services, including labor and employment, business law, estate planning, tax representation, municipal law, mining and mineral rights, environmental law, banking and creditor rights, civil litigation, worker’s compensation defense, criminal defense, immigration, and family law.