Michael Sage, the co-head of restructuring at O'Melveny & Myers, has joined Dechert in the latest in a series of high-profile moves in the bankruptcy Bar. Sage has represented creditors and bondholders in the Chapter
Law firm news by topic » Bankruptcy
Cadwalader Wickersham & Taft's co-chair of restructuring Bruce Zirinsky and bankruptcy partner John Bae will leave the firm to join rival Greenberg Traurig. New York-based Zirinsky was named a 2008 Dealmaker of the
Lawyers at Sidley Austin are asking as much as $1,100 an hour for bankruptcy work on Tribune Co., surpassing the rates charged by Weil, Gotshal & Manges in the Lehman Brothers Holdings Inc. case, the largest in history.
Heller Ehrman LLP, the San Francisco-based law firm that voted to dissolve in September, was put into bankruptcy after the committee formed to wind up the business decided that’s the best way to protect all its
A receiver for the Dreier law firm says it will soon file for bankruptcy, following an alleged massive fraud by its founder and sole equity partner, Marc Dreier.
Chrysler hired the prominent bankruptcy firm Jones Day several weeks ago to provide counsel for a possible Chapter 11 filing, according to several people familiar with the matter. In a statement, the company confirmed
Linklaters and Nabarro are advising the financial services company London Scottish Bank, which went into administration today. London Scottish Bank specializes in offering fixed-rate savings accounts and loans to
After three years at Goldman Sachs, James H. M. Sprayregen will return to law firm Kirkland & Ellis, where he spent 16 years advising companies on restructuring and bankruptcy matters.
The hike in restructuring work in New York has forced Allen & Overy to relocate senior restructuring partner David Frauman to New York after a six-year secondment in London.
Weil Gotshal & Manges, Lehman's bankruptcy counsel, is handling the sale of Lehman's asset management unit, Neuberger Berman, to Bain Capital and Hellman & Friedman for about $2.15bn. A twelve-partner team from
The recent financial fallout among the major banks could spur increases in litigation. Private sector buys bad debts. Some law firms have seen an increase in bankruptcy and commercial litigation cases since the Lehman
The number of Linklaters partners advising on the Lehman Brothers UK administration has climbed to 20 in the space of five days - one of the biggest senior legal teams on an insolvency this decade.
Milbank Tweed Hadley & McCloy has landed a role advising the creditors’ committee of Lehman Brothers, which recreates the law firm line-up of the Enron bankruptcy. Most of Milbank’s bankruptcy team, which is led by
Weil Gotshal & Manges LLP is advising Lehman Brothers on its bankruptcy filing. US firm Weil Gotshal, the No. 1 bankruptcy firm for decades representing almost every historic restructuring from Enron Corp. to WorldCom
Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the biggest bankruptcy filing in history. Lehman's filing was made by lawyers from New York's