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Vinson & Elkins Acquires Bankruptcy Boutique Founded by Former Wachtell Partners

2007-08-12

Vinson & Elkins has acquired a New York bankruptcy boutique founded by former partners of Wachtell, Lipton, Rosen & Katz. The five lawyers of Cronin & Vris will join Vinson & Elkins' New York office, where Dennis F. Cronin will become a partner and co-head of the firm's insolvency practice. Cronin & Vris served as Vinson & Elkins' counsel in the bankruptcy of Enron Corp., for whom Vinson & Elkins was primary outside counsel. The firm settled claims by Enron's bankruptcy estate last year for $30 million.

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