James P. Wehner is Of Counsel in Caplin & Drysdale's Washington, D.C. office. He joined the firm's litigation group in 2005. Mr. Wehner's principal practice area is complex civil litigation, with a focus on bankruptcy and creditors' rights litigation.
On behalf of the Official Committee of Asbestos Claimants in the W.R. Grace Chapter 11 bankruptcy proceedings, Mr. Wehner recently tried the case estimating the debtors’ global liability for asbestos personal injury. Subject to further bankruptcy proceedings, the case was tenatively resolved with the creation of a several billion dollar fund for the benefit of the injured. Mr. Wehner also recently represented a creditors’ committee in a fraudulent transfer proceeding to unwind a $1 billion corporate spin-off.
Mr. Wehner has extensive experience with disputes arising from financial products, mergers and acquisitions, intellectual property, and fraud. His cases have spanned a variety of industries, from banking and insurance to telecommunications, information technology services, auto parts and steel.
In the course of his work, Mr. Wehner has appeared before federal and state courts across the country and before domestic and international arbitral panels.
He recently published the article
Credit Default Swaps and the Bankrupt Counterparty- Entering the Undiscovered Country.