Members of Sheppard Mullin’s Finance & Chapter group not too long ago co-authored an article entitled “When the Different Shoe Drops: Drivers of the Subsequent Restructuring Cycle” with consultants from main restructuring advisory agency M3 Companions for the January 2022 problem of the American Chapter Institute Journal. The article discusses the confluence of things that Sheppard Mullin and M3 consider will contribute to an uptick in restructuring exercise sooner or later, together with the eventual tightening of credit score markets and quite a lot of pre-pandemic and post-pandemic headwinds.
“Regardless of the broad V-shaped financial restoration that has taken place since mid-2020, the combination of presidency stimulus and an unsure future has created an atmosphere that would give rise to important restructuring exercise, as rising dangers materialize and debtors not discover themselves capable of refinance their indebtedness on favorable phrases,” the authors write.
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