Tower Automotive Retains Duff & Phelps

Law360, New York (July 27, 2006, 12:00 AM EDT) -- Tower Automotive Inc. has received bankruptcy court approval to hire Duff & Phelps LLC to act as valuation consultant in its Chapter 11 restructuring.

Steven J. Shanker, a principal at Duff & Phelps, will lead the Tower team. Duff & Phelps’ rates range from $110 per hour for an analyst to $460 for the managing director of the financial advisory firm. Managers at the firm charge $340 an hour, and associates $180.

Tower estimated that the total sum for the services to be rendered is around...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.