Bankruptcy: James Bromley, Cleary Gottlieb

With cross-border insolvencies on the rise, clients increasingly need the blessing of authorities in several jurisdictions to get a restructuring done. Cleary Gottlieb Steen & Hamilton’s James Bromley spent much of the past year helping Toronto-based Nortel Networks, Inc. do just that. And his efforts have helped extend the global reach of an increasingly important American fast-track restructuring tool known as a 363 auction and sale process.