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Private Equity Lending Delaying Next Wave of Corporate Restructuring According to Latest ABI Poll

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Contact: John Hartgen

            

703-739-0800

            

jhartgen@abiworld.org

PRIVATE
EQUITY LENDING DELAYING NEXT WAVE OF CORPORATE RESTURCTURING, ACCORDING
TO LATEST ABI
POLL

October 15, 2007,
Alexandria, Va. —A majority of respondents (75 percent)

to ABI’s latest online
poll agreed that the growth in hedge fund and private equity lending is
delaying the next wave of corporate restructuring. Forty-three percent
of respondents “strongly agreed” and 32 percent
“somewhat agreed” that the next wave of corporate
restructurings is being delayed by the growth of hedge fund and private
equity lending.

Eleven percent of respondents,
however, did not agree that growth in hedge fund and private equity
lending is delaying the next wave of corporate restructuring. Six
percent “strongly disagreed” and 5 percent “somewhat
disagreed” that the next wave of corporate restructuring was being

delayed by the growth of hedge fund and private equity lending. Twelve
percent of the respondents did not know or had no opinion on the
issue.

The 19,695 business filings
during the 12-month period ending Dec. 31, 2006, were the lowest on
record under the current statistics reporting system, which was
implemented in 1980. While up 45 percent during the first half of 2007
over the first half of 2006, business filings are still expected to be
lower than previous years’ totals.


size='3'>ABI members and members of the public
were welcome to submit their response to the statement: The growth in

hedge fund and private equity lending is delaying the next wave of
corporate restructuring.


size='3'>ABI’s weekly Quick Poll is posted

on ABI’s home page,
title='blocked::http://www.abiworld.org/'
href='http://www.abiworld.org/'>www.abiworld.org.
w:st='on'>ABI members and the public are invited to
respond to a question on a timely bankruptcy or insolvency issue. Visit

href='http://www.abiworld.net/quickpoll/'>
color='#0000ff'>http://www.abiworld.net/quickpoll/ to access
the results of previous ABI
Quick Polls.

###


size='3'>ABI is the largest multi-disciplinary,
nonpartisan organization dedicated to research and education on matters
related to insolvency. ABI
was founded in 1982 to provide Congress and the public with unbiased
analysis of bankruptcy issues. The
w:st='on'>ABI membership includes nearly 11,500
attorneys, accountants, bankers, judges, professors, lenders, turnaround

specialists and other bankruptcy professionals, providing a forum for
the exchange of ideas and information. For additional information on
ABI, visit www.abiworld.org.
For additional conference information, visit
title='blocked::http://www.abiworld.org/conferences.html'
href='http://www.abiworld.org/conferences.html'>
color='#0000ff'>http://www.abiworld.org/conferences.html.