Are Banks Still Off Limits?
BSF D.C. partner quoted in article on changing dynamics of representing investment banks
Legal Times of Washington, July 14, 2008
D.C. partner, Jonathan Sherman, was quoted in the July 14, 2008, issue of the Legal Times of Washington, in an article regarding the changing dynamic between major law firms and the financial industry. Elite firms, the article reports, historically have stayed away from representing plaintiffs against financial institutions. The recent crisis in the credit markets, however, has begun to change that state of affairs. BSF, Mr. Sherman contends, is placed perfectly -- with its defense-side expertise and plaintiffs'-side experience, to reap the benefits by representing private equity and hedge funds, and even banks themselves, as they seek to recover their losses. .
Related Lawyer: Jonathan Sherman