Howard J. Weg

310.229.5820

Howard J. Weg

Partner

Co-Chair, Restructuring and Business Bankruptcy

Experience

In his representation of all constituents in business workouts and Chapter 11 cases, Howard Weg leads clients in the sophisticated, value-driven resolution of the collective issues that arise in restructuring financially distressed businesses.

Mr. Weg’s experience includes prominent restructurings and Chapter 11 cases, such as for the owners of “The Terminator” and other motion picture franchises and movie rights, restaurant franchises, oil and gas, financial contracts, hotels and casinos, office buildings, industrial properties, hospitals and power companies. He represents parties involved in workouts and Chapter 11 cases including:

  • Debtors and creditors
  • Committees
  • Licensees and licensors
  • Buyers and sellers
  • Investors
  • Counter-parties to financial contracts

His industry experience spans from middle-market companies to major corporations in such sectors as power and energy, entertainment, film and TV, real estate, hospitality and quick service franchised restaurant operations.

An active leader in the bankruptcy bar, Mr. Weg currently serves on the Board of Directors of the American College of Bankruptcy and regularly leads programs at the Practising Law Institute in San Francisco and New York.


Mr. Weg’s professional leadership in the bankruptcy community includes serving as Regent for the Ninth Circuit for the American College of Bankruptcy prior to his election to its Board of Directors. He also served on the Executive Committee and chaired the Education Committee of the Business Law Section of the State Bar of California, as well as serving on several committees of the American Bar Association. In addition, Mr. Weg is a past president and member of the board of governors of the Financial Lawyers Conference.

His numerous articles on bankruptcy, workouts and restructuring have appeared in the Commercial Law Journal, California Bankruptcy Court Reporter, Real Estate Law Journal, and Business Law News. He has been the featured speaker and panelist on programs hosted by the American Bar Association, American Bankruptcy Institute, Practising Law Institute, State Bar of California and Financial Lawyers Conference.

A graduate of Yale Law School, from which he earned his LL.M., Mr. Weg was named “Bankruptcy Lawyer of the Year” by the Century City Bar Association.  His additional professional recognitions include being named a Southern California “Super Lawyer,” listed in The Best Lawyers in America, and Chambers USA: America’s Leading Lawyers for Business.

Recent Presentations:

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Real Estate/Gateway Metro Center: Lead debtors’ counsel for the owners of a Class A office building in Pasadena enabling its successful exit from Chapter 11.

Entertainment/Halcyon Holding Group: Represented the owner of the highly successful “Terminator” motion picture franchise in its Chapter 11 filing.  Mr. Weg helped settle major disputes with the secured lender, unsecured creditors and stakeholders, and oversaw the successful sale of the movie franchise.

Energy/California Power Exchange, Pacific Gas and Electric: Provide ongoing counsel in multibillion dollar restructuring and bankruptcy matters arising from the 2000-2001 California energy crisis.  Mr. Weg represents Powerex Corp., a subsidiary of BC Hydro and one of the largest sellers of energy to the State of California and its independently operated utilities, Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric.

Manufacturing/Applause, Inc.: Assisted the leading manufacturer and distributor of children’s plush toys in maximizing value for creditors and stakeholders following a string of unsuccessful business ventures and the unfortunate death of its founder and CEO.  Mr. Weg helped to stabilize the company’s business and organize and successfully conclude a sale process.

Hospitality/Los Angeles Bonaventure Hotel: Advised and counseled the senior secured lender in the Chapter 11 case involving the restructuring of the Los Angeles Bonaventure Hotel.

Additional clients and cases include Carolco Pictures, Granada Hills Community Hospital, Millennium Pacific, Santa Barbara Beach Hotels, Sherman Oaks Health System, Shooting Gallery Pictures, UniSil Corporation and VideoCity.

Chambers USA 2019
Super Lawyers 2018
  • Selected for inclusion in “Who’s Who Legal: Restructuring & Insolvency” by Global Restructuring Review (2012-Present)
  • Listed in The Best Lawyers in America (1999-Present)
  • Recognized as “Bankruptcy/Restructuring Leader” by Chambers USA: America’s Leading Lawyers for Business (2003-present)
  • Named a “Southern California Super Lawyer,” Super Lawyers (2004-Present)
  • Named “Bankruptcy Lawyer of the Year,” Century City Bar Association (2003-2004)
Bar Admissions
  • California
  • U.S. Bankruptcy Court for the Central District of California
  • U.S. Bankruptcy Court for the Eastern District of California
  • U.S. Bankruptcy Court for the Northern District of California
  • U.S. Bankruptcy Court for the Southern District of California
  • U.S. Bankruptcy Court for the District of Delaware
  • U.S. Bankruptcy Court for the Middle District of Georgia
  • U.S. Bankruptcy Court for the Southern District of New York
  • U.S. Court of Appeals, Ninth Circuit
  • U.S. District Court, Central District of California
  • U.S. District Court, Eastern District of California
  • U.S. District Court, Northern District of California
  • U.S. District Court, Southern District of California
  • U.S. Supreme Court
Education
  • Yale Law School, LL.M. (1980) Southwestern Law School, J.D., cum laude (1979)
  • University of California – Los Angeles, B.A.(1976)
Professional Associations
  • State Bar of California, Member, Executive Committee, Business Law Section (1994-1997); Chair, Education Committee, Business Law Section (1993); Chair, 15th Annual Spring Program, Business Law Section (1993)
  • American Bar Association, Member, Business Bankruptcy Committee (1985-present)
  • American Bankruptcy Institute, Member (1985-present)
  • American College of Bankruptcy, Fellow (2001-present); Regent for the Ninth Circuit (2008-2012); Board of Directors (2012-2017)
  • Financial Lawyers Conference, Member, Board of Governors (1998-present); President (2003-2004)

Quoted in:

Programs for the American Bar Association, the American Bankruptcy Institute, Practising Law Institute, Financial Lawyers Conference, the California Bankruptcy Forum, the Los Angeles Bankruptcy Forum, the Century City Bar Association, the Beverly Hills Bar Association, the Los Angeles County Bar Association and other organizations.


  • Loving or Hidden Figures Collection Account Management Agreements
    MCLE Marathon, Sponsored by The Feig Law Firm and Robins Kaplan LLP, Los Angeles, California (January 31, 2017)
  • La La Land or Hacksaw Ridge Executory Contracts and Entertainment Bankruptcies
    MCLE Marathon, Sponsored by The Feig Law Firm and Robins Kaplan LLP, Los Angeles, California (January 31, 2017)
  • Nuts and Bolts of Corporate Bankruptcy
    Practising Law Institute, New York, New York (December 19, 2016)
  • The Nuts and Bolts of Corporate Bankruptcy
    Practising Law Institute, New York, New York (December 14, 2015)
  • PLIs Nuts and Bolts of Corporate Bankruptcy 2014
    Basic Ethical Considerations in Bankruptcy (December 8, 2014)
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