Show a Little Class: Creditor Class Actions in Chapter 11
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Show a Little Class: Creditor Class Actions in Chapter 11
By Daniel I. Waxman, Partner, Wyatt, Tarrant & Combs LLP
Defending class-action litigation, meritorious or otherwise, is an unfortunate reality for many large corporations. Often, litigation of this sort can precipitate a bankruptcy filing; other times, an unrelated bankruptcy filing and the attendant publicity can bring previously dormant class...
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Daniel Waxman is a partner in the Lexington, Kentucky office of Wyatt, Tarrant & Combs LLP. He is a member of the firm’s Bankruptcy & Creditors’ Rights Service Team and focuses his practice on in-court and out-of-court corporate restructurings and distressed asset sales, with an particular emphasis on the natural resources, banking, and gaming sectors. Waxman was bankruptcy counsel for the putative class of tort claimants in the Oreck Corporation bankruptcy case.