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Sandy Qusba and Patrick Ryan Quoted in Debtwire on Restructuring Outlook for Second Half of 2023
07.10.23
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Sandy Qusba, Head of the Firm’s Restructuring Practice, and Patrick Ryan, Head of the Firm’s Global Banking and Credit Practice, were quoted in a Debtwire article titled, “Restructuring Experts Gear Up for Busy 2H23 As High Rates Create Refi Plight.” The article discussed the outlook for the restructuring market in the second half of the year and Patrick observed, “There’s almost an efficient pragmatism that’s taken hold in the restructuring world. Everyone is kind of looking at what works best for all involved constituents or what gets the best overall recovery short of a chapter 11.” When commenting on trends to follow, Sandy went on to further discuss how chapter 11 cases for middle market companies will likely increase as smaller firms struggle to access capital markets.
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