Coronavirus Could Create a “Bankruptcy Pandemic”

Stuart Gilson of Harvard University is interviewed by Harvard Business School’s Working Knowledge.

An expert in valuation, credit and financial statement analysis, and corporate transactions, Stuart Gilson of Harvard Business School discusses the expected wave of COVID-19-related bankruptcies and the potential impact on bankruptcy courts.

Several U.S. businesses have already filed for bankruptcy since mid-March amid the economic catastrophe caused by forced shutdowns. As Professor Gilson explains, however, bankruptcy does not necessarily mean the end of a company, and in fact, it can actually save a business.

The interview was published on May 28, 2020, in Harvard Business School’s Working Knowledge.

The views expressed in this article are solely those of the speaker, who is responsible for the content, and do not necessarily represent the views of Cornerstone Research.