Bankruptcy Pros See Business Looking Up In 2013, Weil Says

Law360, Wilmington (February 20, 2013, 8:34 PM EST) -- Restructuring professionals are generally optimistic that business will improve in 2013, with the retail sector again expected to top the list of industries in distress and the outlook for $1 billion-plus mega-bankruptcy filings remaining in line with last year’s results, according to a survey released Wednesday by Weil Gotshal & Manges LLP.

The survey — which took the title “Above All, Don’t Lose Hope” from the hit film “Life of Pi” — polled nearly 100 bankruptcy and restructuring pros to create a barometer of the community’s...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.