How Phil Stein Keeps a Cool Head in High-Stakes Complex Corporate Finance
Stein, a partner and litigation practice group leader with Bilzin Sumberg, honed his reputation in the wave of Great Recession-related litigation.
October 26, 2018 at 12:34 PM
6 minute read
Ten years onward from the Great Recession, people are growing nervous again. October 2018 was particularly rife with talk of calamity, as shares repeatedly dropped and markets reliably tumbled. In a time of normalized volatility — whether political or financial — conversations concerning the future often pose the question: When is it going to come crashing down?
According to Phil Stein, there are a number of ways an institutional corporate crisis might rear its ugly head once more.
“It could just be a reversion to what was going on with respect to the last financial crisis,” the Bilzin Sumberg litigation practice group leader said. “We're not literally doing the same things with deregulation … but there's more going on now that is not exactly conservative than was going on five, six, seven years ago in terms of trading activity and the like.”
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