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[Video] James Stang Interviewed by The Deal: Lessons for Penn State From Catholic Church Bankruptcies
The Deal
August 2012
"David Marcus talks to James Stang, a founding member of Los Angeles law firm Pachulski Stang Ziehl & Jones LLP, about lessons that can be learned by Penn State from the bankruptcies of Catholic diocese linked to sexual-abuse scandals. 'The thing that people learn from church cases ... are know your audience, know the judge, and that the community [is] very personally affected by the subject matter,' Stang asserts. In addition, he says the creditors in these types of cases differ from most Chapter 11 cases and there are various accounting issues." Sarah Hashim-Waris, from The Deal.
Watch the interview on Vimeo here: http://vimeo.com/48397431