William Hardie, a Managing Director in Houlihan Lokey’s Financial Restructuring Group, recently spoke to The New York Times about the influx of bankruptcies that may occur as COVID-19 cases begin to surge again. While federal government programs were able to stabilize the economy in the last months, it may not have a lasting effect if cases continue to rise and lockdown is prolonged.
Read the article on The New York Times’ website.