Question · Q2 2026
Brendan O'Brien inquired about the M&A activity trends in Europe relative to the U.S. and their expected trajectory, as well as whether restructuring deal flow is shifting more towards traditional Chapter 11 cases over liability management activity.
Answer
Scott Adelson, CEO, noted that while the U.S. is the largest market, EMEA and Asia-Pacific are gaining importance with significant year-over-year activity increases. Lindsey Alley, CFO, added that EMEA and Asia have outperformed U.S. corporate finance year-to-date, and the European fee pool could eventually match the U.S. Scott Adelson stated it's too early to confirm a definitive shift from liability management to traditional Chapter 11 in restructuring.