This looks to be a growth market. Financial News Online offers an interesting look at how Goldman Sachs' restructuring group was able to really help Spectrum Brands. It helped it get $1.6 billion in new loans, renegotiate covenants to appease debt holders and replace an expensive term loan with an asset-based loan at a better rate. All this amounted to a lifeline. There are many who say we're in for more rescue-type situations. The fact is that a lot of private equity firms are crimped at the moment, and Wall Street's top dogs have been banking on more restructuring business. There's a lot of really indebted companies out there; so we have to figure some of them will really run into a wall. Handling it outside of bankruptcy court only makes sense.  

For more:
- here's the article