9Questions — Cliff White, former head of US Trustee Program — Keeping two-judge Texas panel a ‘big mistake’
•8 min read
9Questions is our Q&A series featuring key decision-makers in the corporate credit markets — get in touch if you know who we should be talking to!
Until earlier this year, Judge David R. Jones was a fixture in the distressed debt world, overseeing many of the most high-profile restructuring cases in one of the most popular legal venues for them in the US — the Southern District of Texas Bankruptcy Court.
Then, allegations surfaced that he had a live-in relationship with Elizabeth Freeman, a restructuring lawyer whose firm Jackson Walker argued cases in his courtroom. Thousands of cases were reassigned as a result, but the two-judge panel that made Jones such an important fixture within the bankruptcy world remains intact.
We spoke with Cliff White, who used to lead the US Trustee Program— the Federal bankruptcy regulator. He is now an executive vice president with professional services firm AIS Infosource, but emphasized that the opinions he expressed were his own personal views.