Bankruptcies Decrease as Distressed Companies Use Out-of-Court Strategies to Avoid Filing
The Distressed Debt Report
11/18/2011
In this article, "Bankruptcies Decrease as Distressed Companies Use Out-of-Court Strategies to Avoid Filing," published in The Distressed Debt Report on November 18, 2011, Mintz Levin attorney Paul Ricotta is quoted discussing bankers' behavior during the current decrease in the number of corporate bankruptcies due to out-of-court restructurings, xchange offers and an "extend and present" posture with lenders.
