Sidley Restructuring Partner Heads to Pillsbury Amid Continued Practice Demand
"We continue to live in a volatile world, particularly with many overleveraged companies," noted Andrew Troop, Pillsbury's restructuring practice leader.
June 12, 2024 at 02:50 PM
3 minute read
BankruptcyWhat You Need to Know
- Pillsbury has added a lateral insolvency and restructuring partner, Michael Burke, from Sidley.
- Insolvency and restructuring matters continue to be an area in demand for firms, amid high interest rates and economic uncertainty.
- Other major firms have hired big in the area this year, too.
Large law firms are continuing to add bankruptcy partners, as high interest rates and economic uncertainty help trigger a number of restructuring and financing matters well into 2024.
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