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Chicago-based Bell, Boyd & Lloyd is revving up its bankruptcy practice with eight new attorneys coming over from Freeborn & Peters, including a new chairman for the bankruptcy and restructuring group. Harley J. Goldstein, 35, will now lead Bell Boyd’s 10-member bankruptcy and restructuring group, replacing Carmen Lonstein who left earlier this year with two colleagues to join Baker & McKenzie’s financial restructuring, creditors’ rights and bankruptcy practice. Many firms have been beefing up their bankruptcy practice groups in anticipation of an upswing in business after a dearth of Chapter 11 filings the last few years. The subprime lending crisis has already led to a handful of bankruptcy filings this year. Goldstein, who was at Katten Muchin Rosenman before Freeborn & Peters, worked for various clients in the Fruit of the Loom, United Airlines and Montgomery Ward bankruptcies. James E. Morgan, 38, will also join Bell Boyd as a partner, while five other lawyers, including Sven T. Nylen, Matthew E. McClintock, Joseph DiRago, Sarah Bryan and Jeffrey Heller will join as associates. Clinton W. Francis, who is also a tenured professor at Northwestern University School of Law, will join the group as a consultant. The departures from Chicago-based Freeborn & Peters cut the bankruptcy, reorganization and creditors’ rights group at that firm in half, leaving three partners and five associates in the area. The firm has about 120 attorneys in two Illinois offices.

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