Easy-money policies and pandemic-driven government spending have created an “artificially inflated” economy that could lead to a “massive boom in restructurings,” according to Tom Lauria, global head of restructuring at law firm White & Case.
“We continue to see significant restructuring activity, particularly in the energy industry, travel-related services, pharmaceuticals and in other sectors that are exposed to potential mass tort liability,” Lauria said in an interview. “But, more importantly, the current economic climate is artificially inflated.”
