Weekly News – July 14

Look Out for our New Feature

Tell us what topics you want our panel to weigh in on:
Exclusive Opportunism
The Serta Opinion
Conflicts of Interest in BK

SCOTUS review of Purdue?

Party City deflating…

Twitter looking for advisors?

Paramount on the skids…

Silicon Valley Bank sues US for $1.9bn

Serta judge turns to Incora uptier

Exclusive Content

Click here to find it on Reorg

Serta judge’s court (SDTX) crushing it…

The latest from Professor Skeel

Inflation readings fuel risk-on

Yields & spreads tighten…

Podcast of the week
(it’s really good…)

With room to run?

Consumers feeling better

Getting greedy??

But inflation far from over

And, then there’s this…

Where some see risk, some see opportunity
(great credit slides….)

2023 CRC Allocators Conference

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 â€œhard-landingâ€ 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 on.

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