Orrick restructuring partner Marc Levinson has accepted an invitation to join one of the advisory committees of the American Bankruptcy Institute's Commission studying the reform of chapter 11. Levinson will serve on the Advisory Committee on Plan Issues: Distributional Issues.
The Commission is comprised of lawyers, financial advisors, a former bankruptcy judge and academics with extensive experience in, and knowledge of, the chapter 11 process. The Commission and its advisory committees will collect and analyze data, case law and commentary on 13 separate study topics, which cover all aspects of the reorganization process, ranging from financial and governance matters to labor issues to plan structural, procedural and distributional issues.
Restructuring Group Co-Chair Ron D'Aversa commented, “We commend the ABI on undertaking the comprehensive review of chapter 11, which is now over 30 years old, and are pleased that the Commission has selected Marc to serve on one of the key Advisory Committees. We are confident that he will become a valuable member of the Advisory Committee.”