Cadwalader embroiled in airline fiasco

Westacott, Gemma
July 2006
Lawyer;7/3/2006, Vol. 20 Issue 26, p13
Trade Publication
The article reports on the involement of Cadwalader Wickersham & Taft in a shareholder dispute with Northwest Airlines after it was learned the firm was paind $1 million for bankruptcy advice before the airline even filed for Chapter 11 protection. Northwest revealed in its statement of financial affairs showed that the airline made three payments totaling $974,940 to Cadwalader.


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