Bruse: The judiciary is quite keen that this be a predictable process. I don't think there's a desire to have lots of failed restructuring plans or schemes. Do you expect companies to use restractionnplanes to a compromise, leaves, leaves lease obligations instead of using lacciviers? Of course they would - i'm thinking about virgin acted,. This would be in order to a, use the cross glass crammed down to bind o landlords without their consent. We'll have another webiner on that on ninthof february.
Featured this week: Envision Healthcare, Cooper Standard Automotive, Transocean and Valaris. We also discuss Reorg’s analysis of chapter 11 plan recoveries in 2020 and 2021 cases.
And for our deep dive you can hear a webinar replay where EMEA Managing Editor Luca Rossi speaks with Antonio Casari of Northlight and Bruce Bell of Latham & Watkins about the European stressed and distressed credit market outlook for 2022.