The Law Firm That Cashed in on Fossil Fuel Failures
Record-low prices gave the fossil fuel industry a horrible year financially in 2020. But Kirkland & Ellis, the law firm that handled a huge percentage of the industry's bankruptcy filings, made money hand over fist.
On today's episode of Parts Per Billion, we hear from Bloomberg Law reporter Roy Strom, who analyzed a database of large bankruptcy filings and found that this firm soared above its rivals in 2020 thanks to the energy industry's slump.
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