Preparing for a Tidal Wave of Bankruptcies Requires Planning, People and Process. We Can Help.

The impact of a worldwide pandemic, national civil unrest, and corporations amassing the greatest amount of debt since World War II, has set the stage for an inevitable, and possibly  unprecedented, surge in bankruptcy filings in the coming months. Now is the time to prepare your law practice and be ready to assist the thousands of major companies that will be filing for bankruptcy protection. Here is what you need to know to be ready, and how we can help.

Pending Bankruptcy Filing Outlook: By the Numbers.1

The New York Times recently reported that 2020 will likely set a national record for so-called mega bankruptcies – identified as companies with $1 billion or more in debt. This tidal wave of filings is expected to hit in the next 60 to 90 days. This will certainly place an additional burden on our already taxed legal system, creating an even greater urgency on the part of these companies, and their legal support, to be able to act quickly.

$10.5

US company’s debt as of Q1, in the trillions.

6800+

Bankruptcy filings from last year, expected to be exceeded this year.

192

Expected cases filed with $100 million+ in debt.

66

Expected cases filed with $1 billion+ in debt.

We have the Talent and Resources to Help You Deepen Your Bench –
Quickly, Efficiently and Cost-Effectively.

Engage our team to quickly and efficiently build your bankruptcy practice in order to meet the pending demand. We can help you build your team, assess projects, review documents, abstract critical data, and provide clientfriendly summarizations that ensure the best defensible outcomes and the minimization of creditor committee objections for your clients.

55,000+ Team of Vetted

Professionals Over 55,000 prequalified candidates are available to supplement your team

Consultation & Project Assessment

We will ask the right questions to ensure our understanding of project deliverables and levels of risk involved.

Considerations, Budgeting & Estimates

Our proposal and recommended approach will consider talent, cost, data set analysis and workflows to minimize budget and maximize quality.

Comprehensive Project

Management Our team will manage and report budget, deadlines, people, productivity and accuracy.

Contact Us to Take Advantage of Our Resources.

1 Data was gathered from a New York Times article titled A Tidal Wave of Bankruptcies is Coming, published on June 18, 2020.