[The Inside Track is a new Debtwire podcast series featuring in depth and intimate conversations with today’s restructuring market leaders. It is a platform upon which guests will share the lessons they’ve learned throughout their careers guiding distressed companies and municipalities, as well as their constituencies, through the most challenging, complex, comprehensive and sometimes contentious reorganizations around the world. We will also address issues impacting the current distressed and restructuring landscapes.]
Judge James Peck carries the distinction of having overseen the largest US bankruptcy filing ever – Lehman Brothers. But Lehman doesn’t define Judge Peck, who over the span of his nearly five-decade career administered a wealth of cases and practiced at prestigious US law firms. Currently, Judge Peck is the Global Co-Chair for Morrison & Foerster’s restructuring and insolvency group, and joined us for the latest episode of The Inside Track. During our conversation, Judge Peck recounts the day that Lehman was reassigned to his docket (the first judge was actually conflicted from the case) as well as the experience of overseeing what was arguably the most followed case in US history. He also shares his views on the judicial appointment process, today’s obstacles to balance-sheet restructurings, and the growing popularity of bankruptcy mediation.
CLICK HERE for this episode of The Inside Track.
Richard M. Goldman is a former practicing restructuring and litigation attorney. Prior to joining Debtwire, Richard practiced in the New York offices of Weil, Gotshal & Manges LLP, Kirkland & Ellis LLP and Togut, Segal & Segal LLP. He has represented various constituencies, including debtors, official committees, lenders, purchasers and trustees in several high-profile restructurings.