In a recent Law360 article, Thompson Coburn Financial Restructuring & Bankruptcy partner Mark Indelicato highlighted that several sustainability companies have filed for Chapter 11 in the past year, largely due to reduced consumer demand, higher interest rates, and reduced incentives.
Mark said there may be more restructuring among electrical-vehicle makers after incentives for the cars were eliminated in the One Big Beautiful Bill Act.
“I think we may see some more restructuring in that market,” he said.
Read the full article here.
