“The Biggest Surprises In Bankruptcy In 2026: Midyear Report”

Will Hotze was quoted in the Law360 article “The Biggest Surprises In Bankruptcy In 2026: Midyear Report.” The article examines key developments shaping bankruptcy practice during the first half of 2026, including the growing cost of Chapter 11 proceedings, the rise of prepackaged restructurings, increased use of cross-border insolvency proceedings, and alternatives such as assignments for the benefit of creditors. It also highlights how these trends are influencing where companies file for bankruptcy and how restructuring practices are adapting to a changing legal and financial landscape.

Hotze explains that the rising cost of Chapter 11 has made bankruptcy an increasingly expensive option, prompting many distressed companies to pursue faster, more cost-effective restructuring strategies. He notes that businesses are looking for ways to minimize the time and expense of court-supervised reorganizations as they navigate financial challenges.