Distress in the Oil Patch

Blog post

Since the price of oil slumped, OPEC shows no sign of altering its decision to maintain existing output levels. What are the M&A market expectations?

A Rising Tide? Update on Trends in Bankruptcy & Restructuring

Blog post

The economic forecast now seems to be improving, despite the Wall Street Journal's report on Monday that personal bankruptcy filings have topped one million for the first three quarters of 2009, as corporations are now filing for Chapter 11 at a slower rate and the pace of defaults is slowing as well.

Trends in Bankruptcy and Restructuring

Blog post

Despite better industry leadership, economic recovery efforts and some recent upticks in the stock markets, the economy will continue to struggle in the near term before conditions stabilize and improve. There will be more bankruptcy filings, and the courts, law firms and restructuring advisors will remain busy for a while.