Vedder Thinking | News Michael Schein and Doug Lipke Ranked in Q3 2014 Bankruptcy League Tables
Michael L. Schein, Vedder Price Shareholder and member of the firm's Bankruptcy and Creditors' Rights group, and Douglas J. Lipke, Shareholder and Co-Chair of the firm's Bankruptcy and Creditors' Rights group, were ranked in The Deal's 2014 Q3 Bankruptcy League Tables. Mr. Schein was again ranked as the top attorney, with 21 active cases and average liabilities of $48.6 billion, while Mr. Lipke increased his ranking to 11th, with 19 cases and average liabilities of $39.5 billion. Vedder Price maintained its number two ranking among law firms, with 50 open cases and $21.2 billion in average liabilities.
The Deal's Bankruptcy League Tables are the industry's only league tables focused solely on active U.S. bankruptcy cases. The rankings involve cases of debtors with liabilities of $10 million or more, with the rankings based on the aggregation of those liability values.