A trio of US firms have won contracts worth up to $25.8m (£17.6m) to advise on auto industry restructurings, reports The Am Law Daily. The US Treasury Department has awarded contracts, which each carry a ceiling value of $8.59m (£5.87m), to Cadwalader Wickersham & Taft, Sonnenschein Nath & Rosenthal and Haynes and Boone, which will see them provide advice on debtor-in-possession financing for troubled manufactures and suppliers.Cadwalader restructuring partner John Rapisardi is the lead lawyer on the Wall Street firm's Treasury engagement.
April 09, 2009 at 07:06 AM
1 minute read
The original version of this story was published on Legalweek
A trio of US firms have won contracts worth up to $25.8m (£17.6m) to advise on auto industry restructurings, reports The Am Law Daily.
The US Treasury Department has awarded contracts carrying a ceiling value of $8.59m (£5.87m) to Cadwalader Wickersham & Taft, Sonnenschein Nath & Rosenthal and Haynes and Boone, which will see the firms provide advice to troubled car manufactures and suppliers.
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