Linens ‘N Things: Results from Lawyer Beauty Contest Are In

[WSJ_law_blog]

This just in from Jeff McCracken, WSJ’s bankruptcy reporter who’s in Wilmington covering the Linens ‘N Things Chapter 11 today.

For all of you bankruptcy lawyers who’ve been waiting in the wings for years for some action, here’s a small update on who’s getting it. In the Linens ‘N Things Chapter 11, counsel for the unsecured creditors committee has been chosen, and it’s Scott Hazan and his team at Otterbourg, Steindler, Houston & Rosen in New York.

The only other firm to pitch was a Cooley Godward Kronish team led by Jay Indyke. The secured creditor, GE, is using Bingham out of Boston. The financial advisors also pitched, and Carl Marks advisory group won the biz for the unsecured creditors.

Reminder that debtor’s counsel are Mark Collins of Richards Layton & Finger, Howard Beltzer of Morgan Lewis & Bockius and Gardere, Wynne & Sewell of Texas.

Photo: AP