Weekly News – July 18

Q2 LME insights & advisor rankings out, AtHome UCC going after the double-dip?? DQ Lists, private credit & LMEs, J.Screwed part deux, and much, much more… 

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Q2 LME insights & advisor rankings out, AtHome UCC going after the double-dip?? Gatto in conversation with Matt Levine, DQ Lists, private credit & LMEs, J.Screwed part deux, and much, much more… 

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Our Take:

The Daily Cost of BK Legal fees Are Increasing.

Are we shocked? No.

We took a deep dive to see what is driving up the daily cost of restructurings and the culprit: Increasing Legal Hourly Rates. We analyzed final fee apps for top debtor law firms from 2018 to 2024 and found average hourly legal fees have increased by over 65% since 2018. Maybe a little bit of sunlight is the right disinfectant to help remedy the problem….

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