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Is now the time to grow an insolvency practice?

Leading US insolvency lawyer Richard Levin moving from Skadden Arps to Cravath has generated some chatter (see the Wall Street Journal post here). Gerry Riskin's post Does Cravath have an ace up its sleeve? caught my eye, suggesting the time is right for Cravath to start a new insolvency practice, but it seems predicated on a more pessimistic view of economic performance than currently fashionable to the east of the Atlantic. I say the fashionistas should remember where the weather comes from - what say you?

 

 

Date: 10th May, 2007
Author: Chris Laughton

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