William P. Wassweiler

Partner He / Him / His

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.


Representative Matters

Corporate Trust Matters

  • Representation of bond trustee in nine separate bond default/litigation matters involving Sec. 8 Multi-Family Housing Projects around the country
  • Representation of bond trustee in a $40 million foreclosure and fraud action involving multi-family housing located in Williston, North Dakota
  • Representation of bond trustee in a $45 million bond default matter involving a continuing care retirement community located in Colorado

Other Secured Lending Matters

  • Representation of financial institutions in tax exempt financing default matters including student housing, private colleges and hospitals
  • Representation of EB-5 lender in default matters involving the hospitality industry
  • Representation of administrative agent bank (on behalf of itself and other prepetition senior lenders) in the WYNIT Distribution, LLC bankruptcy case venued in the District of Minnesota

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

The Best Lawyers in America, bankruptcy and creditor-debtor rights/insolvency and reorganization law, 2011-2015, 2017-2023

Minnesota Super Lawyers, 2006-2008, 2011-2021

Minnesota TMA Turnaround of the Year, 2018, 2020

Speaking Engagements

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

"Banking Law Case Update," 2017-2019 Banking Law Institute, Minnesota CLE


"Creditors' Rights in Chapter 11 Cases," Inside the Minds, 2013 Edition, April 1, 2013



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)



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