Join Digital Partner Thomas. H. Curran of Thomas. H Curran Associates as he explores the diverging U.S. and U.K. insolvency trends.
Within his latest article published by Law360, Thom explains how the contrasting insolvency trends between the U.S. and U.K. highlight the significant role of economic conditions and policy interventions. The U.K.’s proactive measures, such as the debt respite scheme, have helped reduce insolvency rates, whereas the U.S. faces rising bankruptcy filings due to high interest rates and the cessation of pandemic relief efforts.
Visit the article to learn more.