Home

Firms Reaping Cash Rewards Handling Dissolution Of Lehman Brothers
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

There is a lot of money to be made in bankruptcy proceedings, reports Bloomberg Businessweek, citing the ongoing dissolution of the now defunct Wall Street finance company, Lehman Brothers.  Unfortunately, a lot of that cash is not going to the creditors, but rather to the lawyers cleaning up the mess of assets, toxic or otherwise, left behind after the firms collapse in 2008.

According to the Business Week post, the bankruptcy trustee, James Giddens, and his firm Hughes Hubbard & Reed earned nearly $85 million for just over a year and half’s worth of work.  In addition, Alvarez & Marsal LLC, the liquidator of the parent company, has collected $262.2 million in fees almost in the same amount of time.

Knowledge of the often arcane and intricate steps of the dance known as bankruptcy law pays.  In this case, the honor of working on the largest bankruptcy in history apparently has its perks, in spades, for the specialized team of lawyers necessary to manage it.

  
What
Where




 

RELEVANT JOBS

Legal Secretary

USA-AL-Fairhope

Hand Arendall Harrison Sale, an Alabama and Florida regional law firm is seeking an experienced lega...

Apply now

Paralegal / Legal Assistant

USA-IL-Chicago

Boutique law firm concentrating in domestic relations/ family law seeks a skilled Paralegal. The can...

Apply now

Legal Assistant / Paralegal

USA-TX-Azle

Immediate opening for legal assistant / paralegal in a small firm. Applicant must have a minimum of ...

Apply now

Attorney Coach Needed Now: $6,000 / month

USA-IL-Chicago

Unbundled Attorney is a legal lead generation company on a mission to transform the affordability an...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Junior to Mid-level Real Estate Associate Attorney

USA-FL-Miami

Miami office of a BCG Attorney Search Top Ranked Law Firm seeks a junior to mid-level real estate as...

Apply Now

Mid-level Capital Markets Associate Attorney

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search Top Ranked Law Firm seeks a mid-level capital markets as...

Apply Now

Mid-level Capital Markets Associate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks a mid-level capital markets asso...

Apply Now

SEARCH IN ARCHIVE

To Top