Upon further review, we may have to clarify our claim that “Weil OWNS Bankruptcy“.
Turns out, Weil has only cornered the top end of the US market.
More broadly, White & Case is absolutely crushing the global market.
Details after the jump.
TheDeal.com has published its first quarter bankruptcy league tables and, surprisingly, Harvey Miller and his pals aren’t at the top.
White & Case tops the list again, just like the fourth quarter last year. Biner Bahr and Sven-Holger Undritz are headlining the astonishing 822 active matters for the firm. Bahr (out of the firm’s Dusseldorf office) by himself would be #2 on the list, with 299 active matters, to Duane Morris’s 273. Undritz (out of Hamburg) has 152, which would be just short of #10, currently occupied by Rattet Pasternak & Gordon Oliver, with 162.
Even though Weil Gotshal is absent, some perennial fan favorites do make the cut: Latham is #3 with 261; Akin Gump is #8 with 182; and Skadden is #9 with 172.
Greenberg Traurig makes the list (#4, 259) but Cadwalader doesn’t. Could that have something to do with Zirinsky, Bae, and Haynes’s defection?
White & Case wouldn’t make the list on domestic alone, as 93% of its matters are international, meaning it’s currently got a role on only about 60 US bankruptcies. Still, Tom Lauria has been making sure the firm has gotten more than its share of press for those engagements.
The rankings include all creditor, debtor, and “other” assignments and, more importantly, it’s just by number of deals. If you prefer quality over quantity, Weil Gotshal will almost certainly be top of the rankings-by-debtor-assets.
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Well, it seems there's plenty of bankruptcy work to go around these days.