Most corporate law firms rely on financial institutions as the bedrock clients on which they are built. Lehman Brothers’ bankruptcy and the acquisition of Merrill Lynch by Bank of America have sent a wave of anxiety through New York’s top law firms. This news, along with the earlier demise of Bear Stearns and probable imminent [...]
Posts on ‘September 16th, 2008’
Lehman Brothers - Full Unemployment for Corporate Finance Attorneys
Lehman Brothers - Full Employment for Bankruptcy Attorneys
It’s clear that the only winners in the Lehman Brothers Holdings Inc.’s bankruptcy will be lawyers. The bankruptcy will probably occupy over 100 lawyers working for Lehman and claims by the creditors will provide work for thousands of bankruptcy attorneys.
Lehman’s Chapter 11 filing, the biggest one in history, names Harvey R. Miller and Shai [...]