Why it matters
The shutdown affects the firm’s employees, clients and landlords. Bisnow reports that it leaves about 830,000 square feet of U.S. office space involved, though the articles do not quantify the wider effect on office markets.
ECONOMY • UNITED STATES
Weil Gotshal prepares to wind down with AlixPartners’ help
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BLUF
Weil, Gotshal & Manges is preparing to close, with restructuring adviser AlixPartners helping manage the wind-down, according to the Wall Street Journal. The firm’s closure follows partner departures and unsuccessful merger talks.
HOW THIS BRIEF WAS MADE 5 outlets: 4 national · 1 trade press. Automated sourcing and summaries by the BLUF engine. Corrections