Uetz Quoted in MarketScreener About Expected Surge of Bankruptcy Filings Due to Coronavirus Fallout

Partner Ann Marie Uetz was quoted in 월스트리트저널 기사, “Bankruptcy Lawyers Gear Up for Surge in Filings Due to Coronavirus Fallout,” about the anticipated increase in chapter 11 bankruptcy filings due to the disruption caused by the coronavirus. The speed of the filings is likely to depend on how long industry sectors are shut down.
 
Uetz said many manufacturers and automotive suppliers have been hit by the coronavirus outbreak. Lawyers are “working overtime” to guide them through interruptions in their supply chains and customer demands and in some instances working to help them avoid bankruptcy.