William Wassweiler > Ballard Spahr LLP > Minneapolis, United States > Lawyer Profile

Ballard Spahr LLP
2000 IDS CENTER 80
SOUTH 8TH STREET
MINNEAPOLIS, MN 55402-2119
MINNESOTA
United States

Work Department

Finance

Position

Partner

Career

Bill Wassweiler represents financial institutions serving as master trustees, bond trustees, collateral agents, master servicers, special servicers, paying agents, loan agents and other interested parties in matters involving structured finance, corporate debt, municipal debt, lending (including EB-5 lending) and project finance. His areas of focus include corporate trust and structured products litigation as well as bankruptcy and workouts, bond defaults, trust instruction proceedings, creditor-rights litigation, real estate litigation, receiverships, and foreclosures.

Before earning his J.D., Bill was a certified public accountant for several years at Deloitte, a large international accounting firm. This background gives him in-depth understanding of business operations in general as well as bank and corporate trust operations in particular. The combination of business and legal perspectives helps him devise creative ways for clients to meet their objectives.

Admissions:

Minnesota
U.S. District Court for the District of Minnesota
U.S. Bankruptcy Court for the District of Minnesota
U.S. District Court for the Eastern District of Wisconsin

Memberships

American Bar Association

Minnesota Society of Certified Public Accountants

Bankruptcy Institute Planning Committee, past Chair

Bankruptcy Practice Committee for the District of Minnesota, past member

Minnesota State Bar Association, Bankruptcy Section, Past President; Pro Bono Committee, Past Chair

Education

William Mitchell College of Law (now Mitchell Hamline School of Law) (J.D., magna cum laude, 1992)
Editor, William Mitchell Law Review

University of Wisconsin (B.B.A. 1985)

Lawyer Rankings

United States > Finance > Restructuring (including bankruptcy): municipal

Ballard Spahr LLP’s bankruptcy and restructuring practice group is well known for its municipal bankruptcy expertise, particularly in connection with chapter 9 cases involving pension obligations debt. The practice has a strong reputation for advising indenture trustees but also represents fiscally challenged municipalities, underwriters, bond insurers, and institutional investors. William Rhodes in Philadelphia, and Tobey Daluz and Matthew Summers in Wilmington, jointly head the multidisciplinary practice group. Public finance specialist Rhodes leads on municipal recovery and represents issuers, broker-dealers, and investors in all areas of public finance, with a focus on state oversight of distressed municipalities, while litigators Daluz and Summers also have broad bankruptcy experience. In a standout matter, Rhodes and Kevin Cunningham, also in Philadelphia, represented an indenture trustee in connection with the covenant defaults and financial distress of the owners and operators of multi-family housing units, involving asset sales, bondholders’ presentations, and the negotiation of forbearance agreements. William Wassweiler in Minneapolis plays an important role in the team, and regularly advises financial institutions serving as corporate trustees in circumstances involving municipal bonds.