Bankruptcy Lawyers Prepare for an Onslaught of Battered Companies
- Some firms had already begun to bulk up bankruptcy practices
- Now many are seeing a spike in business harking back to 2008
This article is for subscribers only.
The coronavirus is threatening to destroy businesses large and small -- and that’s got bankruptcy lawyers’ phones ringing off the hook.
The economic shock of the social isolation measures being taken across the U.S. to mitigate the pandemic threatens to put millions of Americans out of work and leaves companies across a range of industries wondering how they’ll make payroll.