Weekly News – August 11
BREAKING NEWS in Purdue
Other reactions:
Read our recent coverage:
Purdue Pharma
click through to read the features from our Contributors
REORG league tables out
Exclusive Content
APEs approval slams AMC stock
Who said it wasn’t possible???
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drum roll please… and the winner is:
Our take:
Lender control? What lender control?
To paraphrase James Carville:
Tell us what you think.
Will we see more competing DIPs?Â
Amyris files for BK
Restructuring pros to the rescue in WeWork
DQ provisions in the spotlight
Investors win in RMBS row
A&E volume: higher and longer
What we’re listening to…
2023 CRC Allocators Conference
Beard Investing Conference
CRC weighs in on Serta
Contributors Speak Up
What to expect in the next default cycle
We asked Contributors Bradford Sandler and Sidney Levinson to weigh in on what we should expect in the next default cycle.
Professor Edward Altman recently noted in a paper published with the Creditor Rights Coalition that the Benign Credit Cycle is over. He sees a reversion to the mean in terms of defaults and recoveries in 2023. But he also sees many risks on the horizon making a Stress or even in a “hard-landing†scenario a possibility (with 8-10% default rates). Put your prediction caps on. What do you see and expect? Where do you expect restructuring activity to increase? Are we in for more bankruptcies? Or, more (yawn yawn) extend and pretend? Will RSAs rule the day? Or, will we see more traditional in-court restructurings? What will this new environment look like?
Read our recent coverage:
Where Are We In The Credit Cycle?
Look out for more great features from our Contributors
Look Out for our New Feature
Have something interesting to share?
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Upcoming Events
August 22: ABI/NCBJ: Tackling Emerging and Recurring Mortgage Issues in Individual Bankruptcy Cases
September 29: ABI: Views from the Bench