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About Phillip D. Anker

Phillip D. Anker

Mr. Anker is the co-chair of the Bankruptcy and Financial Restructuring Practice Group at WilmerHale.

Articles by Phillip D. Anker

Absolute priority rule

The Order of Claims in Bankruptcy: Absolute Priority Rule, Structured Dismissals, and More

The absolute priority rule dictates which unsecured creditors receive priority for their claims. But is it always absolute?

Law firm

Law Firm Bankruptcies: The “Unfinished Business” Doctrine and the Jewel Waiver

The Finishing of the “Unfinished Business” Doctrine and the Jewel Waiver One of the interesting aspects of business bankruptcy cases is that both the businesses and the issues their bankruptcy proceedings present can differ so much. In recent years, for example, we have seen department stores (Macy’s, Federated), toy retailers (Toys R Us), bookstore chains […]