POWER PLAYERS
Bankruptcy & Insolvency 2024 - Distinguished Advisers
June 2024 | BANKRUPTCY & RESTRUCTURING
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Geopolitical and economic factors have combined in recent years to spur a rise in the number of corporate bankruptcies. From large multinationals to small and medium-sized enterprises (SMEs), companies have faced huge challenges and undergone immense change.
In the shadow of COVID-19, conflict in Europe and the Middle East, and significant inflationary pressures, insolvencies have increased across the globe. The commercial real estate, healthcare and retail sectors have been among the most affected.
Economic headwinds including rising costs, along with new regulations, tighter lending and higher borrowing rates, will keep pressure on companies. This, in turn, raises the risk of defaults and bankruptcies.
Against this backdrop, Financier Worldwide turns to some of the leading lights in their field, who share their stories…
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