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Bankruptcy filings increased 32 percent Source: Chicago Daily Law Bulletin Related Areas: Financial Restructuring and Bankruptcy March 2, 2010 With a still-struggling economy and legal and regulatory changes making it easier to launch a shareholder crusade, experts expect the number of proxy battles to increase in a big way as activist shareholders pick up the pace and change their priorities. So what's driving the push? Attorneys on both sides of shareholder activism say the largest catalyst is the economy. The recession is still hurting companies' bottom lines, and that is making investors angry. Neal Gerber Eisenberg Financial Restructuring and Bankruptcy Practice Group partner and chair Mark A. Berkoff is quoted in a March 2, 2010 Chicago Daily Law Bulletin article. | | | |
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