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Calling James L. Patton, Jr. the father of the Delaware bankruptcy bar isn't a stretch. He staked a claim for bankruptcy lawyers in general, and law firm Young Conaway Stargatt & Taylor in 1990 in particular, when apparel and textile company United Merchant & Manufacturing filed for Chapter 11 protection in Wilmington. Delaware has been the dominant jurisdiction for bankruptcy filings in the U.S. ever since.
August 27, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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