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City Of Hartford Hires Greenberg Traurig Restructuring Team

Law360, New York (July 7, 2017, 6:01 PM EDT) -- The city of Hartford, Connecticut, announced Thursday it has hired attorneys from Greenberg Traurig LLP to help evaluate restructuring options, which could include bankruptcy, while it struggles to patch a $50 million budget deficit in a state facing its own budget crisis.

All options to put Hartford on a sustainable path will be examined, Mayor Luke Bronin said in a statement endorsing the expertise of counsel brought on to advise the city of 125,000 as it begins the 2018 fiscal year with a $50 million gap...
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