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Partner Seth Lieberman Comments on Detroit Bankruptcy

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Seth Lieberman, member of Pryor Cashman’s bankruptcy, reorganization and creditors’ rights practice, was quoted in the Detroit Free Press article, “How Mediation Has Put Detroit Bankruptcy on the Road to Resolution.”

The article discusses Detroit’s bankruptcy filing, in which two powerful federal judges have refused drawn-out battles in favor of quick rulings and aggressive mediation that sped the process along.

Lieberman said that “the more that parties and a mediator can resolve without having to utilize or drain the resources of the court, I think everyone is better off.”

To read the article in its entirety, please click here.