David Wander comments on the Future of Bankruptcy

David Wander comments on the Future of Bankruptcy

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Photo of David H. Wander, who handles all types of bankruptcy matters for DHC clients, including Chapter 11 reorganizations and Chapter 7 liquidations.

May 20, 2020 – An Op-ed by former Oregon Governor John Kitzhaber in the Portland Business Journal quoted DHC’s Bankruptcy, Restructuring, and Creditor’s Right practice Co-Chair David Wander predicting a “tsunami” of bankruptcy filings in the coming months, as the COVID-19 pandemic and mandatory self-isolation deprive retail stores, hospitality establishments, and other businesses of customers and revenue. Chapter 11 restructuring and, in particular the Small Business Reorganization Act of 2019, as amended, will ultimately allow many companies to survive and emerge stronger after the crisis ends.

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