Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A highly anticipated bankruptcy examiner’s report on New Century Financial Corporation, unsealed Wednesday, has meant a bonanza in fees for its author, Kirkpatrick & Lockhart Preston Gates Ellis partner Michael Missal.

New Century, once the second-largest originator of subprime mortgage loans, filed for Chapter 11 in April 2007 after a restatement of its 2006 financial statements sent shares plummeting. Last June the U.S. trustee appointed Missal to examine New Century’s collapse.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.