Florida Southern Bankruptcy Court at the C. Clyde Atkins U.S. Courthouse in Miami, FL. (Credit: Candace West)
The Administrative Office of the U.S. Courts released new data Thursday showing that total bankruptcy filings rose 13%, and business bankruptcies rose nearly 30% in the 12 months ending Sept. 30, 2023.
Shari L. Heyen, senior vice president of Greenberg Traurig, co-chair of the firm’s global restructuring and bankruptcy practice, and managing shareholder of its Houston office, pointed to a confluence of factors impacting industries such as real estate, oil and gas, energy, healthcare, and pharmaceutical industries, in the Lone Star State and the broader United States.
Shari L. Heyen of Greenberg Traurig. (Courtesy photo)
