WSJ: Hawker Beechcraft hires bankruptcy, restructuring lawyers

A Wall Street Journal blog reports that Hawker Beechcraft Corp. has hired bankruptcy and restructuring lawyers, according to people familiar with the matter, it said.

Hawker has hired Kirkland & Ellis LLP, a law firm that has advised on large bankruptcies, such as United Airlines, and restructurings, such as Keystone Automotive, the Wall Street Journal said.

“Kirkland’s hiring doesn’t necessarily mean Hawker plans to file for bankruptcy protection or that any other restructuring is imminent,” the report said.

Steve Miller, the company’s new CEO, told the Eagle Tuesday that he doesn’t expect to file for restructuring. His charge, he said, is to get through the company’s financial troubles “without even having to think about a Chapter 11 filing.”

Miller, a restructuring specialist, joined the company Tuesday.