There is an enormous sense of déjà vu at the moment. The emergence of new coronavirus strains, the spikes in cases and the introduction of new restrictions have highlighted that, while many economies have moved into a recovery phase, leading to strong economic growth, recovery will not be smooth nor consistent across certain sectors.
What has been surprising to most is that the expected volume of restructurings has not materialised. Many in the restructuring world have said that either everyone is right, and it has been a combi...
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