The view from Milbank

FinanceAsia.com caught up with Mel Immergut, Global Chairman and Anthony Root Managing Partner for Asia, at US law firm Milbank, Tweed, Hadley & McCloy.

How is Milbank faring in these difficult economic times

Immergut We had an exceptionally strong year last year - our net income was up, our profits per partner were up and we generally had a positive year. For the last seven years we've been building a firm that is counter-cyclical and inured to the ups and downs of the equity market. We had a very difficult time in the late 1980s and early 1990s and we learnt from that. And touch wood, for the first fourteen months of this recession it's working.

Right now we are representing the Enron creditors' committee and the PGE creditors' committee, so we have the creditors' committees of the...

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