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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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This article summarizes the key challenges associated with solving the asbestos litigation problem through the Chapter 11 restructuring process and explains why an out-of-court restructuring transaction may be a preferred alternative.

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It was written by John Bae and Alexander Andrews and was published in <a><em>New York Law Journal</em></a> on September 16, 2022.

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https://admin.thompsonhine.com/wp-content/uploads/2022/09/Out-of-Court-Restructuring-to-Exit-Asbestos-Litigation-Alternative-to-Chapter-11.pdf

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Partner

John Bae

Associate

Alexander James Andrews

Business Restructuring, Creditors’ Rights & Bankruptcy

Asbestos-Related Restructuring Strategies

Product Liability Litigation

Asbestos

Out-of-Court Restructuring to Exit Asbestos Litigation: Alternative to Chapter 11