“Chapter 22” Ensnares American Companies After Chapter 11 Bankruptcy Gone Wrong

Hooman Yazhari provided media commentary on the surge in second bankruptcies among U.S. companies. In a recent Axios article titled “’Chapter 22′ Ensnares American Companies After Chapter 11 Bankruptcy Gone Wrong,” Hooman weighed in on what it takes to truly reposition a business for long-term viability. Pointing to Spirit Airlines as a cautionary tale, Hooman noted that “taking the medicine” means more than a balance sheet fix—it requires a fundamental reshaping of operations, strategy, and scale. His insights are especially sharp given his experience in both bankruptcy and aviation.