Clearlake ban rattles market and lights up twittersphere, Isgur in the hot seat, Echostar goes into grace period, Azul goes BK, Saks does deal away, and much, much more…
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….
