Chapter 11 Filings Decrease in Third Quarter With Exception of Toys "R" Us
Weil, Gotshal & Manges, Houlihan Lokey Top Firms of Quarter
In the third quarter, Weil, Gotshal & Manges was the top ranked law firm for bankruptcy filings by volume. Houlihan Lokey continued to dominate among investment banks, and FTI Consulting claimed the top spot for crisis management firms by volume.
"The pace of retail Chapter 11 filings slowed during the third quarter, with the notable exception of
The Deal's exclusive
Some highlights from the report:
Weil, Gotshal & Manges LLPclaimed the top spot for bankruptcy law firms by volume, with $103.6 billion in liabilities. Orrick, Herrington & Sutcliffe LLP followed, with $103.4 billion in liabilities. Milbank, Tweed, Hadley, & McCloy LLP ranked third, with just over $99 billion in liabilities.
- For investment banks by volume, Houlihan Lokey Inc. remained in the top spot, with $106.5 billion in liabilities. Lazard Ltd. followed in second, with $39.3 billion in liabilities. Moelis & Co. LLC was third, with $15.8 billion in liabilities.
- FTI Consulting Inc. claimed the top spot for crisis management firms by volume with just over $105 billion. Zolfo Cooper LLC followed with $81.4 billion. Goldin Associates LLC came in third with $75.8 billion.
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