More Media Restructurings Likely: Kirkland Partner
Attorney advising Citadel Broadcasting on its reorganization says more such companies could pursue restructurings, but might prefer to do so out of court
February 2, 2010
More media companies are likely to undergo restructurings, though not necessarily in Chapter 11 bankruptcy protection, predicts Jonathan Henes, a partner in the restructuring practice at Kirkland & Ellis who is representing Citadel Broadcasting.
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