Partner Douglas Spelfogel and Special Counsel Carl Wedoff Discuss the Year 2025 in Restructuring in Turnarounds & Workouts
Publications
January 16, 2026
Jenner & Block Partner Douglas Spelfogel and Special Counsel Carl Wedoff were quoted in the December 2025 issue of Turnarounds & Workouts, providing insights into the evolving restructuring environment.
Douglas and Carl highlighted how uncertainty surrounding tariffs, interest rates, and inflation accelerated financial distress across multiple sectors. The healthcare sector experienced particularly acute distress due to labor shortages and rising costs in 2025, while consumer discretionary sectors and commercial real estate continued to face significant pressure. Looking ahead to 2026, Douglass and Carl identify construction, automotive suppliers, and segments of the artificial intelligence ecosystem as sectors vulnerable to increasing headwinds.
Related Capabilities
© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.
Publications
January 16, 2026
Jenner & Block Partner Douglas Spelfogel and Special Counsel Carl Wedoff were quoted in the December 2025 issue of Turnarounds & Workouts, providing insights into the evolving restructuring environment.
Douglas and Carl highlighted how uncertainty surrounding tariffs, interest rates, and inflation accelerated financial distress across multiple sectors. The healthcare sector experienced particularly acute distress due to labor shortages and rising costs in 2025, while consumer discretionary sectors and commercial real estate continued to face significant pressure. Looking ahead to 2026, Douglass and Carl identify construction, automotive suppliers, and segments of the artificial intelligence ecosystem as sectors vulnerable to increasing headwinds.
Related Capabilities
© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.
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