Inside Johnson & Johnson’s bankruptcy two-step
Behind the Money
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Jones Day's Role in the Texas Two Step Bankruptcy Process
Jones day has declined to answer questions or comment on its role in the texas two step bankruptcy process. However, we did come across a recent recording from a panel that one attorney from jonesday named gregg gordon spoke on. He also says that the j and j case was the worst he's seen. This is probably just a fraction of what the law firm has earned through this, because these fees do not apply to the advisory fees which the company gets paid prior to filing for the bankruptcy.
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