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Jeremy Retherford, partner in the firm’s Birmingham office and chair of the Creditors Rights & Bankruptcy Practice, discussed bankruptcy trends with the Birmingham Business Journal on June 21, 2018. According to the American Bankruptcy Institute, commercial bankruptcy filings have steadily increased following a notable decline since the end of the Great Recession. Jeremy drew from his deep experience advising lenders and creditors to provide commentary on the industry shifts that impact these numbers. He shared the potential for an uptick in bankruptcy filings as a result of rising interest rates, an issue that is expected to impact companies across industries. Jeremy also shared insight on industry-specific bankruptcy trends ranging from retail and healthcare organizations to oil and gas companies.
As chair of Balch’s Creditors Rights & Bankruptcy Practice, Jeremy represents financial institutions, utilities, and other creditors faced with troubled credits.