Bill is a nationally recognized bankruptcy attorney with extensive experience in corporate and municipal reorganizations and debt restructurings both in and out of court. He represents creditors and debtors across a wide range of industries throughout the country in all phases of distressed debt negotiations, bankruptcy litigation, and distressed asset acquisitions. Bill is also recognized as one of the leading attorneys in the nation for his work representing bond trustees and bondholders in Chapter 9 bankruptcies and other governmental and municipal insolvencies.
Bill is the chair of the firm's Bankruptcy & Restructuring Practice. His practice focuses primarily on commercial law and litigation, workouts, and corporate and municipal restructurings. Bill has represented various institutional lenders, indenture trustees, bondholders, and other creditors, debtors, and trustees in all manner of insolvency proceedings in courts throughout the United States.
His industry experience encompasses municipalities, airlines, hospitals and other health care facilities, retail, telecom, energy and clean tech, waste disposal, military housing, hotels, and educational institutions.
He has substantial experience in all phases of bankruptcy litigation, practice, and case management from both the debtor’s and creditor’s perspective, including relief from stay, adequate protection, valuation, preference, fraudulent transfer, subordination, competing plan, and appellate litigation. One of his specialty areas is in negotiating sales of troubled companies and assets, both in and out of bankruptcy. His practice also includes addressing bankruptcy and documentation issues in securitizations, receivable sales, bond transactions, and structured financings generally.
Bill is active in the American College of Bankruptcy, American Bankruptcy Institute and the Turnaround Management Association and frequently lectures and writes on insolvency issues in front of these groups and numerous other bar, trade, and industry groups, including the National Federation of Municipal Analysts and its constituent societies and the Municipal Bond Buyers Conference. He served as an editor-in-chief of the American Bankruptcy Institute Health Care Insolvency Manual and served as co-chair of the American Bankruptcy Institute’s Health Care Insolvency Section.
More Legal and Business Bylines From William W. Kannel
- 363 Sales as a Health Care M&A Tool, Part 2 – Pros and Cons for Buyers and Sellers - (Posted On Friday, September 11, 2020)
- 363 Sales as a Health Care M&A Tool, Part 1 – Overview - (Posted On Tuesday, July 28, 2020)
- Top 10 Questions Human Resources May Have When Their Company is Filing for Chapter 11 Protection - (Posted On Tuesday, June 02, 2020)
- First Circuit Rules That “Incorporation by Reference” of Collateral Description in UCC Financing Statements May Not Perfect Lien - (Posted On Thursday, February 14, 2019)
- Insolvent “On Behalf Of” Municipal Bond Issuers: Chapter 9, Chapter 11, or Ineligible? - (Posted On Monday, February 26, 2018)
- Puerto Rico: Three Strikes and Recovery Act is Out - (Posted On Monday, June 13, 2016)
- You Can Lead a Horse to Water, But You Can’t Call it an Airplane: Supreme Court Oral Arguments Suggest Puerto Rico’s Recovery Act May Recover - (Posted On Thursday, March 24, 2016)
- Statutory Liens vs. Consensual Liens: Why it Matters and When it may Not - (Posted On Friday, March 18, 2016)
- Que Certa, Certa: Supreme Court’s Review of Puerto Rico Recovery Act May Hinder Creditor Negotiations - (Posted On Tuesday, December 08, 2015)
- Can Alphabet Soup Fix Puerto Rico’s Debt Service Issues? - (Posted On Monday, September 28, 2015)