Fulbright & Jaworski LLP recently announced it has formally organized a practice group focusing on subprime and credit crisis issues.

The Global Suprime and Credit Crisis Practice Group will work with clients on a number of issues, including litigation, investigations, and bankruptcy. Five lawyers will act as co-heads of the group: Rodney Acker, a financial institutions litigator in Dallas; David Barrack, a bankruptcy litigator in New York; Anne Rodgers, a securities and complex commercial litigator in Houston; Richard Smith, a white collar defense and government investigations litigator in Washington; and Chris Warren-Smith, a financial disputes and investigations lawyer in London.

"Issues similar to those we now face with the subprime fallout date back to the late 1980s when many of our lawyers were handling litigation involving the failed savings and loan industry," Stephen C. Dillard, the head of Fulbright's global litigation department, said in a statement. "This is an area where we can offer our clients the advice and experience they need to successfully deal with the subprime collapse."

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