September 7, 2007
Partner James Carr is quoted in The Deal on bankruptcy trends, including the effect of subprime lending.
In the article titled "A Mortgage Future, The Crises In Subprime Lending Could Finally Pull Bankruptcy Professionals Out Of The Doldrums," Mr. Carr states that the subprime fallout could affect retailers.
In addition, he comments on how private equity firms which overpaid for companies may end up resolving business issues in bankruptcy court. The article mentions that Mr. Carr had 170 active assignments
in the second quarter of 2007, placing him in the top five for leading bankruptcy attorneys.