Few topics generate as much attention and commentary within the restructuring community as the treatment of make-wholes in bankruptcy. During the past decade, several prominent judicial decisions revealed marked differences in the ways that courts interpret contractual and Bankruptcy Code provisions related to make-wholes. This comprehensive guide is intended to be a user-friendly resource that provides an overview of the current state of the law on make-wholes in bankruptcy.


This communication, which we believe may be of interest to our clients and friends of the firm, is for general information only. It is not a full analysis of the matters presented and should not be relied upon as legal advice. This may be considered attorney advertising in some jurisdictions. Please refer to the firm's privacy notice for further details.