American Bankruptcy Institute reposted this
Distressed-debt exchanges ("DDEs") now account for nearly half of all rated debt default events. In this article for American Bankruptcy Institute Journal, Chuck Carroll, Leader of FTI Consulting's Senior Lender Advisory practice and John Yozzo, Managing Director, explore the surge in DDEs and the likelihood of follow-up distressed exchanges or bankruptcy filings. #DistressedDebt #Restructuring
