Extend & Pretend – Texas Business Bankruptcies Plummet… For Now
Bankruptcy filings by Texas businesses continue to decline and that it is having a negative financial impact on Texas law firms with significant bankruptcy practices. But legal experts predict there’s a potential wave of new corporate bankruptcy cases headed this way in 2014 and 2015. The number of companies in the Northern and Southern Districts that filed to reorganize and restructure during the past 15 months dropped 40 percent.
