Is the Bankruptcy Wave Finally Here? Skadden’s New Co-Head Says Yes (WSJ Lawblog)

Laird We’ve used the art before and we’ll use it again. There he is, Master Laird, Rider of Big Waves, shredding a heavy.
With unemployment on the rise and our Fed Chairman warning of recession, a report in yesterday’s NLJ about those other wave riders, bankruptcy lawyers, caught our eye. Skadden has named a third co-leader to help head its restructuring group “in anticipation of more bankruptcy and distressed work over the next three years and with an eye to succession-planning at the firm.”

 

http://blogs.wsj.com/law/2008/04/04/is-the-bankruptcy-wave-finally-here-skaddens-new-co-head-says-yes/?mod=djemWLB&reflink=djemWLB

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