Law Firm Bankruptcies Present Lessons for Distressed Businesses with Human Capital

By all accounts, Dewey & LeBoeuf financial distress and ensuing Chapter 11 bankruptcy was not handled well. After all, it’s hard to handle intense turmoil well—but it isn’t impossible. My guest today on LXBN TV recently compared Dewey’s Chapter 11 to the one filed by Florida law firm Ruden McClosky, who handled their financial distress much better. That guest is Isaac Marcushamer of Berger Singerman and their Business Reorganization Report, as he explains that any business with a wealth of human capital could learn a lot from each of See more +

By all accounts, Dewey & LeBoeuf financial distress and ensuing Chapter 11 bankruptcy was not handled well. After all, it’s hard to handle intense turmoil well—but it isn’t impossible. My guest today on LXBN TV recently compared Dewey’s Chapter 11 to the one filed by Florida law firm Ruden McClosky, who handled their financial distress much better. That guest is Isaac Marcushamer of Berger Singerman and their Business Reorganization Report, as he explains that any business with a wealth of human capital could learn a lot from each of their situations. See less -