Venue Transferred: Houghton Mifflin and Patriot Coal Show It’s Possible

March 31, 2013 – Media Mention
Turnarounds & Workouts
In an article regarding debtors' strategic decisions to file large cases in New York or Delaware instead of their main center of business operations, Paul Rubin is quoted several times. In particular, Paul is quoted saying, "careful attention must be paid to the selection of proper venue, and debtors must be prepared to substantiate their venue decisions under the bankruptcy venue statute. Debtors and creditors negotiating prepackaged plans will need to give careful consideration to the validity of their preferred venue."