Bennett L. Spiegel

Bennett Spiegel represents debtors, creditors, creditors' committees, trustees, and asset purchasers in corporate restructurings and bankruptcies in a variety of industries.

He is currently advising RBS in the Thornburg Mortgage cases and the Axium Trustee regarding priority and tax claims. His recent successes include a speedy plan confirmation in the MF Global cases on behalf of creditor plan proponents holding claims in excess of $1 billion, affirmance of the dismissal of claims to recover $4.3 billion from Non-Agent Secured Lenders in Adelphia, Summary Judgment for Greenwich Capital against the ABFS Trustee seeking $100+ million, and East West Bank's appeal reversing the plan confirmation order and defeating confirmation on remand in Ravello Landing.

Before joining Jones Day, Bennett's chapter 11 debtor representations included the $385 million sale of Leiner Health Products; Calpine's disposition of $1+ billion in power plants and other assets; developing a reorganization plan for W.R. Grace; selling Cable & Wireless USA for multiples of the stalking-horse bid and resolving $6 billion in claims; and reorganizing actress Zsa Zsa Gabor. His prior chapter 11 creditor representations included advising Greenwich Capital in its $500, $215, and $100 million DIP financings of ABFS, Oakwood Homes, and New Century Financial; the creditors' committee plan proponent in the $600 million Reed Slatkin Ponzi scheme case; Morgan Creek, Alliance Atlantis, and nWave as creditors/asset purchasers; and Motley Crue in the bankruptcy of its lead singer.

Bennett is a member of the ABI, LA Bankruptcy Forum, and Financial Lawyers Conference and the editorial board of The Bankruptcy Strategist.


Good to know

Areas of Practice 1) Bankruptcy, 2) Business Restructuring & Reorganization, 3) Borrower / Workouts / Chapter 11 Debtor Representations, 4) Distressed Company Litigation and 5) Distressed M&A Representations
Law School Yale Law School
Education Rutgers University (B.A., 1980)
Bar Member / Association California, Connecticut, District of Columbia, New York, and New Jersey
Most recent firm Jones Day
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