Business Services Industry
Detroit lawyers pick up extra work.(News)(Delphi Corp.)
Crain's Detroit Business, October, 2005
Byline: Robert Ankeny Delphi Corp.'s Chapter 11 reorganization lawsuit filed Oct. 8 in U.S. Bankruptcy Court in New York City uses Chicago-based Skadden, Arps, Slate, Meagher & Flom L.L.P. as lead lawyers, but many Detroit area law firms will have some role. More than a dozen major law firms represent some of the companies among the host of creditors, including tier-two and smaller suppliers, some of which may plan to file for reorganization too.
Jaffe, Raitt, Heuer & Weiss P.C. in Southfield is getting cases from vendors who could be filing bankruptcies, said Jay Welford, head of the firm's bankruptcy practice. "We are being contacted to assist creditors in analyzing their contracts and supply agreements with Delphi to determine their rights to...
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