Bankruptcy Wave May Be Months Away or More, Kweskin Says: Q&A

Lucy Kweskin, a partner in law firm Mayer Brown’s global restructuring practice, says the next rush of large corporate bankruptcies could be next year or later, as many lenders are still willing to be patient with borrowers and meme stock investors help support ailing companies.

She spoke with Bloomberg’s Jeremy Hill on June 15. Comments have been edited and condensed.

What have you been focusing on?

I’ve been all over the place, from coal to retail and technology. So it’s industry agnostic, but I’m mostly focused on private credit and secured lenders, although I have represented committees. Recently I’ve ...