Partners Jennifer Feldsher and Andrew Gallo were quoted in a Law360 article discussing the uncertainty around various bankruptcy-related trends in 2025.
Jennifer said there was considerable “dry powder” in the private credit market and its potential growing role, and also discussed the possible return of larger banks to the market in 2025. Regarding diverse-merger bankruptcies, Andrew acknowledged proposals to ban these “Texas two-steps”; he noted consideration to make the procedures written for asbestos cases explicitly available for all toxic torts.
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