Bankruptcy Experts: More Pain and Uncertainty Coming
As Texas ends 2020 with a record number of business bankruptcies, four legal experts, including SDTX Chief Bankruptcy Judge David Jones, say there is much more carnage to come, especially in the world of real estate, retail and midstream energy, according to a panel of leading corporate bankruptcy and restructuring experts. At an exclusive CLE Friday, the panelists predicted that business restructuring cases are going to get increasingly difficult to resolve in a positive manner and that many companies seeking to reorganize will be forced to liquidate instead. The Texas Lawbook has exclusive details.
