Partner in ‘Business Insider’ on Lull in Bankruptcy Work
BCLP Partner Scott Olson, a noted finance, bankruptcy and insolvency lawyer, was quoted Oct. 27 by Business Insider on the lack of recent Chapter 11 filings, and how that has affected Big Law bankruptcy practices. While some government interventions helped stave off bankruptcy filings in the past year, bankruptcy attorneys’ experience in transactions, loans and creditor agreements easily translates to finance work. A number of Big Law firms also consider the slowdown a chance to bring on new hires. Scott joined BCLP in August from Vedder Price, where he led the firm’s West Coast bankruptcy practice. The move was part of BCLP’s push to boost the overall finance and transactions practice. “We certainly believe that as bankruptcies pick up, we'll be in a great position to expand our already steady stream of work,” he said.
This document provides a general summary and is for information/educational purposes only. It is not intended to be comprehensive, nor does it constitute legal advice. Specific legal advice should always be sought before taking or refraining from taking any action.