Wallace Wilkinson Chapter 11 Bankruptcy
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The bankruptcy of Kentucky's former governor made headlines for more than a year, with Stites & Harbison's Creditors' Rights and Bankruptcy Service Group serving as counsel, first for the Unsecured Creditors' Committee and later for the Chapter 11 Trustee.
Our firm's Lexington-based legal team—led by Liz Thompson—got confirmation of a liquidation plan and a global settlement in federal bankruptcy court, resolving contentious property rights issues between parties and short-cutting years of potential litigation. The complex case involved millions of dollars in debts and personal and business assets in Kentucky and Florida.