Corporate Bankruptcies Down, But For How Long?

Law360, New York (February 1, 2006, 12:00 AM EST) -- Corporate bankruptcies plunged last year to the lowest level since 1997, marking the fourth year in a row that Chapter 11 filings have declined. But some experts warn the low tide is funded in part by hedge funds, and that a liquidity crunch could cause a sharp rise in bankruptcies in the future.

The number of publicly traded companies that declared bankruptcy last year dropped to 86 in 2005 from 92 in 2004, according to a survey released Wednesday by

But despite the drop in...
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.