Bankruptcy Expertise A Boon For Plaintiffs Firms

Law360, New York (June 11, 2009, 12:00 AM EDT) -- Diversification may be the key to weathering a stormy economy, and some plaintiffs firms are doing just that, taking advantage of an upswing in bankruptcy filings and their own expertise in securities litigation to move into the realm of bankruptcy.

Bankruptcy experts and plaintiffs attorneys who spoke with Law360 said the time was ripe for plaintiffs firms to maximize their bankruptcy offerings for clients, especially as more companies file for Chapter 11 and securities claims became tougher to pursue, thanks to pro-business U.S. Supreme Court rulings...
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