Mr. Weitman primarily represents lenders in the bankruptcy area, including banks, financial institutions, hedge funds, and acquirers of distressed debt. Mr. Weitman counsels these parties relating to debtor-in-possession financing, loan review, lender liability prevention, perfection of liens, confirmation, lift of stay, and other bankruptcy proceedings. He has substantial experience in multi-lender debtor-in-possession financings, post-confirmation financing, cash collateral financings, secured transactions, debt restructurings, corporate reorganizations and workouts, acquiring businesses and assets out of bankruptcy, negotiating, structuring and drafting corporate litigation settlements and documentation, pre-bankruptcy workouts and pre-bankruptcy planning and strategies, prosecuting involuntary bankruptcies, and representing banks as indenture trustees in bankruptcy. In addition, he has been responsible for case management of bankruptcy, insolvency, and creditors' rights lawsuits prosecuted nationally and internationally.
Mr. Weitman also counsels corporate and banking clients in real estate acquisition and development, construction, intellectual property, international letters of credit, computer agreements, leveraged buyouts and equipment leasing.
In recent years, Mr. Weitman's practice has involved substantial work representing aircraft lessors in the national bankruptcy proceedings of United Airlines, US Airways, Delta Air Lines, ATA Holdings, and Northwest Air Lines, with the myriad of issues relating to Sections 1110 and 365(d)(5) of the Bankruptcy Code, including strategies to maximize value, Section 1110(b) extensions, aircraft lease amendments, and allowance and payment of administrative claims and unsecured claims.
Areas of Emphasis