1 questions reported in Weil interviews, organised by the group that asks them. Every question carries a model answer and graded feedback on your own attempt.
A senior restructuring case testing whether a proposed Chapter 11 plan can bind a rejecting creditor class.
A company proposes a Chapter 11 plan with $300m of reorganised enterprise value. It has $120m of first-lien debt, $150m of second-lien debt and $110m of unsecured notes. The first lien is paid in…