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Corporate bankruptcy filings in the United States have surged in 2023, with over 230 companies seeking Chapter 11 protection, the highest number since 2010. This increase is due to economic difficulties, including a sluggish economy, increasing interest rates, and ongoing inflation.
These and other developments underscore the need for businesses to be well-versed in reorganization strategies and tools to address financial challenges, adapt to market conditions, preserve relationships, minimize losses, and position themselves for long-term success.
Experienced financial restructuring practitioners Mark D. Podgainy, Getzler Henrich & Associates LLC, and Kristen L. Perry, Faegre Drinker Biddle & Reath LLP, will present a comprehensive discussion of the latest trends in corporate bankruptcy and reorganization. The speakers will offer helpful insights into navigating the increasingly challenging economic environment.
Key topics include:
- Corporate Bankruptcy and Reorganization: Trends and Developments
- Analyzing the Significant Increase in Bankruptcy Filings
- Economic Difficulties and Contributing Factors
- Reorganization Strategies and Tools
- What Lies Ahead