A Winning Streak Snaps
10: Years is how long Weil, Gotshal & Manges has held the top spot as debtor's counsel, according to data compiled by Bloomberg L.P. (That's also how long Bloomberg has been keeping records.) But this year, Kirkland & Ellis wrested the championship belt from Weil's grasp, Bloomberg reports. Martin Bienenstock, the former cohead of Weil's department who defected to Dewey & LeBoeuf last November, says Weil has been slipping ever since the glory days of Enron Corp., WorldCom, Inc., and Global Crossing Limited. Weil responds that it is the true number one, and that its nondebtor work far exceeds Kirkland's, and that it has several multibillion-dollar bankruptcy filings on the horizon. Weil says that will make clear who is the top dog.
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