What is the bankruptcy outlook for certain industries? In a midyear review discussion with Law360, McCarter & English bankruptcy partner Jeffrey Testa says it cuts across many industries. “The economy has taken its toll on industries across the board,” Jeff says. “I think it still remains the perfect storm this year for bankruptcy filings with the increased cost — really, of almost everything across the board — coupled with inflation, increased wages, healthcare costs for both individuals and employers.” The Midyear Report cited to numerous industries facing financial difficulties including transportation and logistics, renewable energy, healthcare, and retail. “Retailers have been struggling, and I think will continue to struggle,” Jeff says.
7.17.2026