Last week, King Street Company, the operator of a well-known network of restaurants including Italian eatery Buca and Jacobs & Co. Steakhouse, made the difficult decision to file for creditor protection. As Origin principal Rob Fedrock sees it, “King Street Company’s filing … likely marks the start of a new wave [of insolvencies], where previously healthy industries that have been hit hard by the pandemic begin to falter,”
Rob weighs in alongside other restructuring experts from Blake, Cassels & Graydon LLP, and Cassels Brock & Blackwell LLP, in the Financial Post article, An earthquake is coming: Insolvency second wave looms as once-strong businesses falter.
For questions about restructuring or insolvency related issues, please reach out to Rob Fedrock at robert.fedrock@originmerchant.com.
