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
- Licensees and licensors
- Buyers and sellers
- 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.
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.
If you are interested in having us represent you, you should call us so we can determine whether the matter is one for which we are willing or able to accept professional responsibility. We will not make this determination by e-mail communication. The telephone numbers and addresses for our offices are listed on this page. We reserve the right to decline any representation. We may be required to decline representation if it would create a conflict of interest with our other clients.
By accepting these terms, you are confirming that you have read and understood this important notice.