To what extent does economic uncertainty heighten the level of complexity associated with restructuring projects? And how can digitalization help companies to get through crises in better shape? A new study provides exciting answers to these questions.
1,245 companies filed for insolvency before German local courts in October 2022. This represents a 17.9 percent increase year-over-year. But what does this trend mean? And what are the implications for the restructuring market in the current year?
As things currently stand, the increase in the volume of insolvencies or the frequently discussed “wave of bankruptcies” looks merely to have been put on hold. Many companies should therefore take a very careful look at their situation and, where appropriate, implement measures to ensure their…