Danny Davis

Mishcon de Reya's insolvency expert talks about the need for companies to learn to rely less on external funding, and why a UK-style Chapter 11 process isn't necessarily a good idea

As the economic backdrop worsens, debt will inevitably become a more onerous burden for corporate borrowers, with many stable businesses at risk of failure because of the cost and inaccessibility of debt finance. The head of insolvency at London law firm Mishcon de Reya explains to Matthew Attwood why opting for leniency might help creditors protect their interests.

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