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 previously clerked for the Honorable Kevin R. Huennekens on the U.S. Bankruptcy Court for the Eastern District of Virginia. She also 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
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.