Davis Polk partner Marshall Huebner was quoted in articles from Bloomberg Law and Business Insider discussing how the coronavirus is impacting restructuring practices. Huebner described an “almost unprecedented” volume of emails and calls from clients. He also explained that clients are turning to lawyers with questions like how to raise new capital.
“Bankruptcy Phones Ring Off the Hook; Firms Prep for Deluge” (March 23, 2020) (subscription required)
“‘All Hands on Deck’: Restructuring Lawyers Say a Sudden Collapse of Revenues is Accelerating Work with the Retail and Energy Sectors” (March 23, 2020) (subscription required)