Debtwire Analysts Identify Young Conaway as having the Most Lead Counsel Debtor Representations in 2017-2018
Debtwire recently hosted an online roundtable discussion entitled "Middle Market Workouts Go Prime Time." The program identified the hardest hit middle market industries. In a number of instances, Chapter 22 filings were made after reduced debt loads were found to be unsustainable.
Analysts also reviewed several trends and noted that in 2018, "middle market restructurings routinely grabbed national headlines as several household name brands entered Chapter 11." Debtwire's aggregated data from 2017-2018 also showed that, among lead counsel for debtors, Young Conaway had the most representations (5 lead counsel roles in comparison to other firms who only had 2 lead counsel roles).
To listen to the entire Debtwire program, click on the weblink below.