Corporate bankruptcy filings, subdued by the high availability of credit in recent years, should hit courts in a wave within the next six to 18 months, according to a report released Wednesday. The survey said 70.7 percent of 90 respondents expect "the next big wave of restructurings" is on its way, according to an analysis by the American Bankruptcy Institute and Dow Jones' Daily Bankruptcy Review . "It's not next week, but it's certainly feeling like it's coming," said attorney Robert Bernstein.
November 10, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Corporate bankruptcy filings, subdued by the high availability of credit in recent years, should hit courts in a wave within the next six to 18 months, according to a report released Wednesday.
The survey said 70.7 percent of 90 respondents expect “the next big wave of restructurings” is on its way, according to an analysis by the American Bankruptcy Institute and Dow Jones’ Daily Bankruptcy Review.
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