Restructuring Firm Snapshot: Mesirow Financial Consulting LLC

Law360, New York (May 24, 2006, 12:00 AM EDT) -- Once a crucial section of KPMG, the accounting giant’s former corporate recovery practice has since found a new home at Mesirow Financial Consulting, and the restructuring professionals have never looked back.

In the wake of such scandals as Enron, the Big Four firms have been shedding their restructuring practices in recent years to avoid conflicts of interest and comply with the rigors of the corporate governance Sarbanes-Oxley Act.

Purchased as a whole in September 2004 by Chicago-based Mesirow Financial, the former KPMG practice has now become...
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