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Restructuring professionals report an uptick in both restructuring activity and private equity sponsors considering turning indebted businesses over to their lenders.
Yes, interest rates have skyrocketed when you look at the last 10 years, but the reality is also that folks were able to be quite successful in the ‘90s, with interest rates hovering.
In 2017, Thomas Braziel didn t have much of an interest in bitcoin. But as an investor in obscure distressed assets, his sport, as he called it, was bankruptcies and there was nothing quite as enticing as the collapse of crypto exchange Mt. Gox.