Bill Wassweiler represents financial institutions serving as corporate trustees, senior lenders, collateral agents, paying agents, loan agents, and other interested parties in matters involving municipal debt, corporate debt, EB-5 lending, and single bank loan and syndicated lending (including mezzanine lending). His areas of focus include corporate trust and structured products litigation (with a specialty in fraud litigation) as well as bankruptcy, 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.
Services
- Finance
- Banking and Financial Services
- Commercial Litigation and Dispute Resolution
- Commercial Finance
- Corporate Trust Services
- Distressed Assets and Opportunities
- Distressed Real Estate
- Distressed Office Buildings
- Health Care Finance
- Independent, Parochial and Charter School Financings
- Buyside Representations
- Health Care
- Housing
- Senior Living and Long-Term Care
Representative Experience
Representative Matters
Corporate Trust Matters
- Representation of bond trustee in a $40 million foreclosure and fraud action involving multi-family housing located in Williston, North Dakota, in which a jury awarded the bond trustee a deficiency judgment of over $20 million plus punitive damages after a three-week jury trial
- Representation of bond trustee in several related bond default/fraud litigation matters involving Multifamily Low Income Housing Projects around the country
- Representation of bond trustee in $80 million bond default matter involving a phosphate mining facility in Florida
Professional Highlights
Judicial Clerkships
Hon. Gregory F. Kishel, U.S. Bankruptcy Court for the District of Minnesota
Professional Activities
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
Recognition & Accomplishments
The Legal 500 US, Restructuring (including bankruptcy) - municipal, 2019, 2022-2025
The Best Lawyers in America, bankruptcy and creditor-debtor rights/insolvency and reorganization law, 2011-2015, 2017-2026
Minnesota TMA Turnaround of the Year, 2018, 2020
Speaking Engagements
“Essential Housing – Repair or Replace?”, NFMA Annual Conference, May 2025
Adjunct Professor, Hamline University MBA Program, Business Law and Ethics, 2017-2019
“Trustee and Trustee’s Counsel,” 2019 The Workshop, National Association of Bond Lawyers
Publications
"Municipal and Corporate Bonds," Minnesota Debtor-Creditor Handbook, 12th Edition, 2021
"Creditors' Rights in Chapter 11 Cases," Inside the Minds, 2013 Edition, April 1, 2013
Credentials
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)
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