User:Geraldshields11/sandbox/Detroit article

According to a Detroit area bankruptcy attorney, legal costs for the bankruptcy proceedings could cost Detroit "tens-of- millions to hundreds-of-millions of dollars." Orr hopes that Detroit can emerge from bankruptcy by late summer or fall in 2014; he says that the process is moving as “expeditiously as possible”. The City of Detroit is represented by "high-priced lawyers from Jones Day, financial advisers from Ernst & Young and restructuring consultants from Conway MacKenzie". The Federal Guaranty Insurance Company hired Weil Gotshal & Manges to represent thier interest during the bankruptcy. The Ambac Financial Group hired David Dubrow, a lawyer at Arent Fox, to represent thier interests in during the bankruptcy. Syncora hired Kirkland & Ellis; Assured Guaranty hired Winston & Strawn; and the National Public Finance Guarantee Corporation hired Sidley Austin. The Detroit Institute of Arts is represented by Richard Levin, a partner at Cravath Swaine & Moore. "Other large law firms, such as Brown Rudnick, Orrick Herrington & Sutcliffe, and DLA Piper, are involved in the case or looking for ways" to get involved in the bankruptcy case.