Law Practice
May 18, 2010
Teams Banking on Failed Banks
Law firms are banking on failing banks. With financial institutions still struggling with deteriorating loans, some firms have created informal practice groups to orchestrate the sales of floundering banks.
Daily Journal Staff Writer
Law firms are banking on failing banks.
With financial institutions struggling under the weight of deteriorating loans, some firms have created informal practice groups to orchestrate the sales of floundering banks and their assets. These hybrid teams bring together lawyers with practices that have not historically overlapped. And they are grappling with how to capitalize on opportunist...
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