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May 15, 2023 | The American Lawyer

Shearman, Togut, Gibson Dunn and Wachtell Land Key Roles as Vice Media Files for Chapter 11

Corporate bankruptcy filings through April were higher than the first four months of any year since 2010, according to S&P Global data.
2 minute read
May 06, 2021 | The American Lawyer

Kirkland and Weil's Fees in Chapter 11 Work Highlight Big Law Allure to Bankruptcy

Two retail giants' Chapter 11 cases have generated more than $150 million in fees for law firms.
5 minute read
July 08, 2020 | The American Lawyer

Weil Adds Brooks Brothers to Its Busy Slate of Retail Bankruptcies

As the pandemic leads to more bankruptcies, Weil, Gotshal & Manges is expanding its client portfolio in the retail sector with representations of J.Crew, Brooks Brothers and others.
3 minute read
July 06, 2020 | The American Lawyer

Law Firms Are Raking in Millions From Pandemic-Era Retail Bankruptcies

Several Am Law 100 firms are reaping the rewards from some of this spring's most active bankruptcies, including J. Crew, Neiman Marcus and J.C. Penney—some to the tune of more than $10 million.
4 minute read
July 06, 2020 | Delaware Business Court Insider

Law Firms Are Making Millions From COVID-19 Retail Bankruptcies

Several Am Law 100 firms are reaping the rewards from some of this spring's most active bankruptcies, including J. Crew, Neiman Marcus and J.C. Penney—some to the tune of more than $10 million.
4 minute read
May 22, 2020 | The American Lawyer

Associate Hourly Billing Rates Surge Past $1K as Firms Snap Up Bankruptcy Work

Rates for top associates at firms such as Weil, Gotshal & Manges and Kirkland & Ellis are rising just as a new wave of Chapter 11s gathers steam. A filing shows J.Crew paid its lawyers at Weil close to $12 million in the 90 days before the company filed for bankruptcy this month.
3 minute read
May 07, 2020 | The American Lawyer

Kirkland, Wachtell, Paul Weiss Land Roles in Neiman Marcus Bankruptcy

The department store is the second large retailer to file for Chapter 11 protection this week, as the coronavirus pandemic deals a fatal blow to already struggling companies.
2 minute read
November 27, 2018 | The American Lawyer

New Corporate Bankruptcies Leave Big Law Firms Holding the Bag

Weil, Gotshal & Manges is taking the lead on a pair of new bankruptcies in New York and Delaware that count more than dozen law firm creditors.
3 minute read
July 17, 2017 | The American Lawyer

Big Firms Bag Roles on Designer Jeans, Wedding Dress Bankruptcies

Struggling retail chains shopping for law lawyers in what might well become the year of the retail bankruptcy saw several of their ailing brethren dip into the Big Law ranks this month for a trio Chapter 11 cases. And Wachtell, Lipton, Rosen & Katz, a firm not down for advising debtors, appears to have a role in one case.
12 minute read
April 27, 2017 |

Freshfields Recruits New York Restructuring Team

London-based legal giant Freshfields Bruckhaus Deringer has hired three restructuring partners in New York from newly-merged Arnold & Porter Kaye Scholer. The Magic Circle firm began ramping up its operations in Manhattan two years ago.
39 minute read

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