Corporate restructurings are on the rise in 2024, as a slow burn of delayed insolvency from the COVID-19 pandemic works its way into bankruptcy court. According to Epiq Global, commercial bankruptcy filings were up 22% in Q1 compared to the first quarter of 2023.
But another factor is also driving more work toward bankruptcy practices and commercial litigators: creditor violence.
Tim Carter is quoted in Law.com. Read the full article here.
You may also be interested in Lenders Seek to Avoid Creditor Violence – an article written by Tim Carter, Pam MacKenzie, and Jim Wallack for The Wall Street Journal.