Cadwalader, Wickersham & Taft logo
Cadwalader, Wickersham & Taft

Automotive 2010

View full ranking
Choose from rankings list
Rankings at a glance
RankingStandout
InnovationAdvising the US Treasury Department presidential auto task force on General Motors and Chrysler restructurings
Originality7
Rationale7
Impact9
Total23
DescriptionHelped devise the concept to use section 363 of the US bankruptcy code for the asset sales of GM and Chrysler. Key to their success was the litigation strategy the team worked out with the US attorney’s office, which saw Chrysler through the bankruptcy courts in just 42 days and paved the way for a successful restructuring of GM