The coronavirus shocks the stock market and paralyzes the economy. Insolvency and restructuring specialist Lucas Flöther has been dealing with crises for two decades. The lawyer considers the Corona crisis to be a serious burden on the economy, which has been unprecedented in recent economic history. He expects numerous bankruptcies.
The World Is On Standstill Due To Coronavirus Spread
Companies that have kept themselves afloat in the past few years without a resilient business model and especially with the help of cheap debt are, particularly at risk. Many start-ups are on the brink. Even companies with a lot of equity are by no means secured.