Law360, New York (October 30, 2007, 12:00 AM EDT) -- In cases where a sale or financing has been exposed properly to the market, the bankruptcy court's ability to interpose its own valuation judgment should be restricted. Markets, rather than courts, should determine value, says Stephen D. Lerner of Squire, Sanders & Dempsey LLP in our series of chats with high-profile bankruptcy attorneys.
Q. What’s the most challenging bankruptcy you’ve worked on, and why?
A. Two recent cases presented Squire Sanders lawyers with very different challenges, each with a highly successful outcome – Enron and EaglePicher...
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