Bankruptcy Exit Options

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J90
Posts: 211
Joined: Mon Dec 03, 2012 7:01 pm

Bankruptcy Exit Options

Postby J90 » Tue Jun 09, 2015 10:48 am

Where do people leaving bankruptcy groups head on to, on the legal side? Beyond the business side?

I'd be curious about this for both debtor's-side and creditor-focused practices, but mostly debtor. Thanks.

CanadianWolf
Posts: 10439
Joined: Wed Mar 24, 2010 4:54 pm

Re: Bankruptcy Exit Options

Postby CanadianWolf » Tue Jun 09, 2015 10:53 am

Bankruptcy &, as another example, worker's compensation practices are quite narrow in scope so I doubt that there is a common exit path other than a move to a general business/corporate practice.

Anonymous User
Posts: 273568
Joined: Tue Aug 11, 2009 9:32 am

Re: Bankruptcy Exit Options

Postby Anonymous User » Tue Jun 09, 2015 11:01 am

summering with KE/Weil bk group, also interested in this. Also want to know--in addition to the substance of exit options--whether they're geographically limited given that most cases are filed in NY/DE

ETA: I'm not tied down to the bk group yet, exploring corporate within the firm as well, so hoping to know enough to choose at the end of the summer
Last edited by Anonymous User on Tue Jun 09, 2015 11:08 am, edited 1 time in total.

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minnbills
Posts: 3153
Joined: Thu Sep 02, 2010 2:04 pm

Re: Bankruptcy Exit Options

Postby minnbills » Tue Jun 09, 2015 11:06 am

I know bankruptcy practice here in MN is basically a revolving door between the firms and USBank/Wells Fargo. Lots of people go in-house I guess.

I think more sophisticated restructuring practices (debtor or creditor) can lead to some opportunities in consulting/PE work as well




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