In a recent Law360 interview, Thompson Coburn partner Mark Indelicato highlighted why bankruptcy lawyers are seeing no signs of a summer slowdown. July brought a notable uptick in filings, driven by a return to pre-pandemic norms and compounded by lingering uncertainties from the Trump administration’s tariff and immigration policies.
“You have a lot of companies unsure how tariffs will impact them,” Indelicato explained. “Marginal businesses, facing uncertainty, are choosing to file rather than risk waiting.”
While agriculture remains a focal point, other vulnerable sectors include hospitality, real estate, and retail. Indelicato also pointed to the semiconductor and computer industries as likely to feel the effects of trade policy shifts. “Trump is trying to incentivize investment in the U.S. by offering reduced tariffs,” Mark said.
Traditionally, late June through early August is a quieter period for bankruptcy courts. “The courts slow down, and people take vacations,” said Indelicato. “But this year, that pattern has been disrupted.”
Read the full article here.
