Alexandra G. DeSimone

Alexandra G. DeSimone

ASSOCIATE
RICHMOND
T: 804.807.7372
F: 804.593.1373

Ms. DeSimone is an associate in the Business Solutions, Restructuring & Financial Litigation section. She interned for the Honorable Brenda K. Sannes and the Honorable Therese Wiley Dancks on the U.S. District Court for the Northern District of New York.
 

Memberships & Activities

  • Member: Virginia State Bar
 

Clerkship

  • Honorable Kevin R. Huennekens, U.S. District Court, Northern District of New York
INSIGHTS
Articles & Publications

Co-Author: “Rewarding Good Behavior: Courts Should Approve Exculpation for the Pre-Petition Conduct of RSA Parties,” American Bankruptcy Institute Journal (July 2022)

ARTICLES

Rewarding Good Behavior: Courts Should Approve Exculpation for the Pre-Petition Conduct of RSA Parties

The rationale for exculpation is straightforward: if you contribute to or participate in the debtor’s reorganization efforts, you should not face liability for your good-faith efforts.  This protection fosters a fair, transparent restructuring process by reducing barriers to entry and incentivizes stakeholders to play a part in the development of a confirmable plan.  Without exculpation, key creditors and competent professionals may shy away from the bankruptcy process, which would undermine the main purpose of chapter 11–achieving a successful restructuring.