Traditionally, for a legislation agency to clear greater than $10 million in income per thirty days from a Chapter 11 chapter engagement, such a debtor would have despatched shockwaves via the monetary system by nature of going bust.
For debtor’s counsel, notoriously profitable bankruptcies have included Enron, Lehman Brothers and Common Motors. After defaulting on practically a trillion {dollars} in mixed debt, the trio generated a whole bunch of thousands and thousands of {dollars} in price income for legislation companies.
