Dallas News: Texas Business Bankruptcies Skyrocket in D-FW, Decline Slightly in Houston
January 13, 2025
There were more bankruptcy filings in Texas last year than any other state in the country for the fifth consecutive year. “There were more business bankruptcy filings in the second half of 2024 for sure, but they were more middle-market companies, and the restructurings are not as complex or massive as we have seen in the past,” O’Melveny partner Lou Strubeck said. “The long-awaited surge in corporate bankruptcy filings is not happening yet.”
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