Davis Polk Restructuring Group co-head Damian Schaible was profiled in a recent Wall Street Journal Pro Bankruptcy Q&A discussing the pandemic’s impact on credit markets and how it could influence the future of debt restructurings. Schaible noted that nearing the end of 2020, many companies are finding themselves with higher debt loads than last year. He also predicts that “the layers of debt accumulated during both the easy times and through the pandemic will lead to more complicated restructurings.”

“The Music Eventually Stops’: Davis Polk’s Restructuring Chief on the Pandemic Fallout to Come,” The Wall Street Journal Pro Bankruptcy (November 27, 2020) (subscription required)

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