Thursday, December 11, 2008

GM Prepping for BK Declaration

Tomorrow's news:

Underscoring the industry's plight, GM's management recently tapped bankruptcy veteran Harvey Miller of the New York law firm Weil Gotshal & Manges LP to handle what would be one of the largest and most controversial filings in U.S. history. Mr. Miller worked on the bankruptcies of Lehman Brothers, Bethlehem Steel Corp. and Marvel Entertainment Group.

Others involved in the matter include restructuring veterans Jay Alix, Evercore Partners' William Repko, Blackstone Group's Arthur Newman and Martin Bienenstock at the law firm of Dewey & LeBoeuf LLP who worked on the Enron bankruptcy.

(WSJ via The Non-Loser McCain)

1 comment:

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