Comments from Morgan Lewis partners Matthew O’Donnell, Jennifer Feldsher, and Andrew Gallo were featured in a Turnarounds & Workouts article.
Matt notes “that interest rate levels, particularly in the retail and commercial real estate spaces, and inflation were among the key drivers of restructuring activity in 2024” and could be an area to watch in 2025. Jen speaks to activity levels “settling into a ‘new normal’ where restructurings are steady but not expected to significantly spike.” Andrew discusses how “liability management transactions will continue to be a major topic of conversation in the restructuring space and the number of such transactions will continue to rise.”