Draws on Litigation, Bankruptcy, Corporate, Insurance, Structured Finance, Real Estate
New York, October 8, 2008 — LawFuel – Legal Announcements – The international law firm of Chadbourne & Parke LLP announced today the formation of a financial crisis task force to provide interdisciplinary advice to clients working through the thicket of problems associated with global economic events affecting virtually all sections of the economy.
“The extraordinary financial events of recent weeks create enormous challenges for companies of every size and in every business,” said Charles K. O’Neill, Chadbourne’s Managing Partner. “Our senior partners are pooling their knowledge and experience in the key areas of litigation, bankruptcy and restructuring, corporate and securities, insurance and reinsurance, structured finance, real estate and tax to respond proactively to our clients’ needs.”
Chadbourne will draw on the extensive experience of New York partners Howard Seife, Joseph Smolinsky and David LeMay (bankruptcy and financial restructuring), Thomas Hall and Alan Raylesberg (financial institution and securities litigation), Andrew Coronios and Marian Baldwin (structured finance), Charles Hord and Marc Alpert (corporate and securities), Lawrence Plotkin (real estate), William Cavanagh (tax) and John Sarchio (insurance and reinsurance), and special counsel Richard Liskov (insurance regulatory). The practice will also include the Firm’s London bankruptcy and financial restructuring team, led by partner Adrian Harris.
“The economic and legal consequences of the financial crisis in the United States and abroad will require comprehensive legal advice over the next several years,” said Mr. Seife. Added Mr. Hall, “We expect a significant increase in actions on debt and other credit obligations, insolvencies, forced sales of secured assets, class action and securities litigation, restructurings in the financial and insurance sectors, as well as complications arising from increased regulation.”
On October 6, Chadbourne published a client alert discussing the U.S. government’s Emergency Economic Stabilization Act of 2008. It can be found on the Chadbourne website: http://www.chadbourne.com/clientalerts/2008/eesa/
About Chadbourne & Parke LLP
Chadbourne & Parke LLP, an international law firm headquartered in New York City, provides a full range of legal services, including mergers and acquisitions, securities, project finance, private equity, corporate finance, energy, communications and technology, commercial and products liability litigation, securities litigation and regulatory enforcement, special investigations and litigation, intellectual property, antitrust, domestic and international tax, insurance and reinsurance, environmental, real estate, bankruptcy and financial restructuring, employment law and ERISA, trusts and estates and government contract matters. Major geographical areas of concentration outside the United States include Central and Eastern Europe, Russia and the CIS, the Middle East, Latin America and Canada. The Firm has offices in New York, Washington, DC, Los Angeles, Houston, Mexico City, London (a multinational partnership), Moscow, St. Petersburg, Warsaw, Kyiv, Almaty, Dubai and Beijing. For additional information, visit www.chadbourne.com.