Exactly why the Garden State's bankruptcy court is increasingly being looked to for large bankruptcies is a multifactored question, but many point to the work of Chief Judge Michael Kaplan in helping the bench gain and spread a reputation for one that moves efficiently and effectively.
August 21, 2024 at 03:21 PM
10 minute read
Bureau Chief
The original version of this story was published on New Jersey Law Journal
According to dockets, Kirkland & Ellis was involved in 10 bankruptcies in New Jersey over the past two years, which is exactly the same number of bankruptcies the Am Law behemoth was involved in in the Garden State over the preceding 30 years from 1992 to 2022.
Clearly, someone has taken note that New Jersey is an ascendant venue for Chapter 11.
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