Restructuring Partner William P. (Bill) Smith Passes Away


William P. (Bill) Smith, a Partner in McDermott Will & Emery’s Restructuring & Insolvency Practice, who spent 24 years at the Firm, passed away earlier this week after a lengthy battle with cancer. He was a preeminent lawyer in the area of municipal, health care and tax-exempt restructurings.

“Bill really was a giant in the restructuring industry having worked as a trusted counsel to financial institutions, borrowers, bondholders, bond insurers, debtors and trustees in cases across the United States. We will miss him dearly, but we are better—and certainly wiser— for having had the privilege to call him our Partner, colleague and friend for so many years,” said David L. Taub, Head of the Firm’s Financial Institution practice.

Bill was recently awarded a lifetime achievement award by Smith’s Research and Grading. His work was also recognized by Chambers USA, IFRL 100, Who’s Who Legal and by the Best Lawyers in America 2001 to 2020, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law.

Bill graduated from Cornell University with a BA and from the University of Cincinnati College of Law with a JD. He was a member of the Ohio and Illinois bar.

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