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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

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

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 (Borders), automobile manufacturers (GM, Chrysler), supermarkets (A&P), auto supply companies (Delphi), securities firms (Lehman Brothers), oil and gas E&P companies (Ultra Petroleum, Energy XXI), telecom outfits (WorldCom, Adelphia), and energy companies (Enron, EFIH) file for […]