Foley & Lardner on Wednesday hired partner Douglas Spelfogel from Baker & Hostetler to head up an expansion of its New York bankruptcy practice. While the bankruptcy boom has been under way for more than a year, Spelfogel said Foley foresees continued growth in the area and plans to make more hires. "Even though there is some talk that we're out of a recession, the credit markets remain tight, and the ramifications are going to likely continue for a while," Spelfogel said.
Foley Recruit to Expand N.Y. Bankruptcy Practice
New York Law Journal
October 2, 2009