Credit: Vitalii Vodolazskyi/stock.adobe.com Bankruptcy Boon Hopes Go Bust as Filings Reach Near-Historic Lows
Lenders' wait-and-see approach has kept bankruptcy filings suppressed, but lawyers are expecting that tide to turn by as soon as next year.
December 08, 2021 at 01:19 PM
3 minute read
Bankruptcy
The original version of this story was published on The American Lawyer
Big Law bankruptcy lawyers remain confident that a substantial number of distressed companies will file for Chapter 11 bankruptcy protection in 2022, but November filing data shows that the predicted wave of commercial Chapter 11s hasn't begun to swell.
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