Veteran bankruptcy lawyer Richard Levin, who helped pen the U.S. federal Bankruptcy Code in the 1970s, is joining law firm Jenner & Block, Reuters reported yesterday. Levin, who had chaired Cravath Swaine & Moore's bankruptcy group since 2007, will become a member of Jenner's corporate reorganization practice effective May 18, Jenner said in a statement. Levin was facing mandatory retirement rules at Cravath, where he founded the bankruptcy practice and represented the Detroit Institute of Arts during Detroit's $18 billion bankruptcy. As assistant counsel to the House Judiciary Committee from 1975 to 1978, he played a key role in forming the law that still governs corporate bankruptcies today.
