(Credit: Vitalii Vodolazskyi/stock.adobe.com) Experts Predict Brisk Dealmaking in 2021 Signals Uptick in Bankruptcies Next Year
Morgan Lewis, Bilzin Sumberg, and Davis Polk & Wardwell partners predicted bankruptcy and regulatory trends in 2022.
December 30, 2021 at 03:15 PM
4 minute read
Bankruptcy practitioners expect an uptick in national filings and litigation in the new year, breaking the slowdown seen since the onset of the coronavirus pandemic in March 2020.
Andrew Gallo, a partner at Morgan Lewis in Boston, Massachusetts, said an active deal market and a lot of available credit, which characterized 2021, could no longer be in vogue pending the actions of the Federal Reserve and its intent to hike interest rates three times in 2022.
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