Media Mention
Fraud Claims, Policy Shifts Drove Biggest 2025 Bankruptcies
Law360
Bankruptcy Partner Uzzi Raanan shared his insights with Law360 on notable bankruptcy cases from 2025.
Excerpts:
Uzzi Raanan, a partner at Greenberg Glusker LLP, said that "inflation and high interest rates together, those made borrowing much more difficult."
Raanan noted the case feeds into the narrative of private equity firms taking control of businesses and then stripping them of their assets.
Healthcare-related bankruptcies stand out, Raanan said, because of the potential life-and-death consequences. The trends in the industry are "worrisome" and could get worse, he added.
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