New York firms cash in on insolvency tide
Big ticket insolvency and restructuring work is keeping the fees rolling in to New York’s top law firms. Skadden Arps Slate Meagher & Flom has asked a Chicago bankruptcy court to authorise payment of its $10.6m (£7.1m) bill to Kmart Corporation.While Skadden’s bill is high, it is small change compared with Weil Gotshal & Manges’ […]