As the Economy Stumbles, Where Are All the Bankruptcies?
August 03, 2022
As the Economy Stumbles, Where Are All the Bankruptcies?Download Article
Michael Eisenband (Global Co-Leader of CF&R) discusses this year’s depressed levels of bankruptcy filings and other restructuring activity in an article for Law360.
This article from Law360 was published on July 20th 2022. The entire publication is available at: https://www.law360.com/articles/1510926
“Nearly nothing went as expected in the first half of 2022, with most measures of economic activity, corporate performance and financial market returns falling well short of expectations entering the year.
U.S. gross domestic product growth unexpectedly contracted in the first quarter and remains tepid at best, inflation has accelerated globally, leveraged credit issuance has tumbled while yields have soared, and equity markets turned in their worst first-half performance in decades.”
This article was reprinted with permission from Law360©