When Tom Ambro got a call from a friend in 1990 who mentioned “eleven-ten,” he thought it was a reference to the time rather than the section of the bankruptcy code that covers airplanes.
Ambro, then a transactional lawyer at Richards Layton & Finger in Wilmington, Del. agreed to represent aircraft financiers in Continental Airlines’ second bankruptcy.
That case, which he later argued before the US Court of Appeals for the Third Circuit, altered the trajectory of Ambro’s career, pivoting his focus to bankruptcy. He ultimately returned to the Third Circuit as a judge, where he is perhaps the foremost ...
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