Weil, Gotshal Plans to Close Instead of Filing for Bankruptcy

Weil, Gotshal & Manges, a nearly 100-year-old law firm, told partners on October 28, 2026 it plans to close in an orderly way rather than file for Chapter 11, a court-run bankruptcy. That filing would mean court supervision. Closing outside court would set payments to those it owes, and partners' invested money, through private deals not yet public.