Managing Partner Andrew Glenn recently spoke with Bloomberg about the sharp rise in large corporate bankruptcy filings. Bloomberg reported that at least six major companies have sought court protection every week during a three-week period beginning January 10, 2026. This pace has not been seen since the early months of the COVID-19 pandemic.
Andrew shared that “a confluence of economic factors is pressuring more companies and contributing to an increase in bankruptcy filings, including rising costs caused by inflation and tariffs, as well as higher interest rates. Firms, or their private equity owners, are also increasingly turning to so-called liability management transactions in attempts to avert a bankruptcy filing.”