“While some observers have discounted the notion that fiscal constraints on towns may lead them to file for bankruptcy, Sills Cummis already has handled municipal debt restructuring, and says it’s a harsh reality the state needs to face,” as seen in the August 13, 2012 NJBIZ article entitled “When City Hall Becomes the Poorhouse.”
Sills Cummis & Gross attorneys Ted Zangari and Andrew H. Sherman were interviewed for and featured in this NJBIZ article about municipal bankruptcies and restructurings.