Bankruptcy Work, Anyone??
By Liz Jernigan
We've all been hearing about the big three automakers and their current financial woes. It's dominated much of the news coverage as of late. The automakers are grappling with Washington trying to convince them of their bailout worthiness.
Regardless of what Washington eventually chooses to do, in the meantime, law firms are getting themselves geared up to take on the inevitable bankruptcy work that is sure to follow should the government choose to not step-in.
Today, the AmLawDaily reports that the three early favorites to possibly snag this bankruptcy work are Weil, Gotshal & Manges, Kirkland & Ellis, and Skadden. All three firms are tops in bankruptcy work and some even have deep relationships with automakers, but you never can tell who'll end up the chosen one.
And who knows, maybe Detroit won't need their services after all.
Consumer
Rights ||
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sharing this nice information.There have been
many bankruptcy records, and all of the
statistics have been kept in eye so that
final ordinances and laws could be passed,
and the final law that was passed has been
named, Bankruptcy Abuse Prevention and
Consumer Protection Act (BAPCPA).
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