Taft Minneapolis partner James Jorissen was quoted in an article by the Minneapolis St. Paul Business Journal about U.S. Bank being the largest unsecured creditor for Diamond Sports Group after they recently filed for bankruptcy. Jorissen provides insight on the unlikelihood “that U.S. Bank will take a $1.8 billion hit in the bankruptcy case as U.S. Bank was presumably acting as an indenture trustee for the note holders.” Read the full article here (subscription required).

Jorissen’s practice focuses in the areas of business and commercial litigation and bankruptcy. His experience includes representation of financial institutions, corporations, hedge funds, equipment lessors, indenture trustees, receivers, bankruptcy trustees, creditor committees, government regulators, institutional debt and equity holders and corporate directors and officers in a variety of business, commercial, corporate and contractual disputes. He has appeared in more than 25 state, federal and bankruptcy courts throughout the United States.