The economic pain caused by the coronavirus outbreak has been unrelenting, hitting nearly all industries and sectors. As the first waves of affected businesses explore their restructuring options or succumb to bankruptcy, many are turning to a giant in the practice for help.
A string of companies in recent days have tapped Kirkland & Ellis to advise on potential bankruptcy filings or lodge Chapter 11 petitions. The firm, which is poised to once again top the Am Law 100 with more than $4 billion in revenue last year, has a proven track record of advising large restructurings and is bound to be among the firms dominating bankruptcy work stemming from the pandemic.
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