David Hillman

In this discussion, David Hillman, Global Co-Chair of Proskauer's restructuring group and a seasoned bankruptcy lawyer, delves into the recent ruling in the ConvergeOne case. He explains how the court overturned the bankruptcy plan due to violations of the equal treatment requirement for lenders. Hillman highlights implications for restructuring support agreements and the potential increase in litigation surrounding excluded creditors. He also provides insights on lawful incentives for steering committees and the future of liability management exercises.