O’Melveny Worldwide

The Cramdown Podcast: 24-Hour Chapter 11s – The Ins and Outs

July 8, 2021

In recent years, numerous companies have filed for and emerged from chapter 11 in less than 24 hours, seemingly setting a new record for “shortest ever bankruptcy” each time. In the latest episode of The Cramdown podcast, Daniel Shamah and Joe Zujkowski discuss what led to this trend, the ideal conditions for a 24-hour chapter 11, and whether the trend will continue in the future.

Providing timely insights for borrowers and lenders at a time of heightened economic uncertainty, The Cramdown podcast analyzes the latest industry and legal trends in today’s distressed economy. O’Melveny Restructuring partners welcome guests to share practical insights on the many challenges affecting businesses and investors during economic disruptions.

Listen to the sixth episode of The Cramdown below and subscribe to the series here.