Prevailing Winds

May 10, 2013 – Media Mention
The Deal
The successful merger of US Airways with bankrupt AMR Corp is part of growing trends in bankruptcy and M&A, with many more companies exiting bankruptcy through mergers or acquisitions than in years past. Stephen B. Selbst, chair of Herrick, Feinstein LLP's Bankruptcy Practice Group, is quoted in the article, saying, "Any company that enters Chapter 11 today is an M&A target. When I represent debtors one of the first things I tell the board and the management team is to understand, you are now in play."