We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

More Bankruptcies On The Horizon: Report

Law360 (March 19, 2007, 12:00 AM EDT) -- Bankruptcy lawyers received good news on Monday: corporate insolvencies are reportedly expected to increase around the world in the next few months, according to a global survey.

According to information compiled by Reuters, the number of corporate bankruptcies is projected to rise 12% in the United States and 8% in Europe in 2007.

Using information from credit insurance company Euler Hermes, market research firm Global Insight, Standard & Poor’s, Goldman Sachs and industry participants, Reuters determined that the paper and packaging and chemicals sectors were especially...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.