Partner Shai Schmidt recently spoke with The Financial Times about the increase in out-of-court restructurings and how this trend has impacted the role of bankruptcy lawyers.
“I started my career as a bankruptcy attorney but now almost all of my time is dedicated to out-of-court restructurings,” said Shai.
He added, “There are far fewer Chapter 11 cases generally, and even fewer ‘freefall’ bankruptcies nowadays, which means fewer roles for bankruptcy advisers.”
Read more in Financial Times.
