U.S. corporate bankruptcy filings with over $1 billion in liabilities reached a 7-year low in 2021, and the market saw record-setting M&A levels, making for a rosy and optimistic 2022 outlook. However, since early February, markets have become much more volatile. Inflation and interest rates have risen, and many other global factors, such as the Russia-Ukraine conflict, pandemic, supply chain issues, and labor shortages, remain tenuous.
This panel, featuring Lowenstein partner Robert M. Hirsh, will answer questions, and dive deeper to refresh the bankruptcy outlook and examine:
- Shifts in the past 24 months of bankruptcy data
- Rising default risk across sectors
- Probability of default analysis and red flags
- The correlation between interest rates and corporate defaults
- Emerging distressed asset trends
Moderator:
- Charlsy Panzino, Reporter, Credit and Markets, S&P Global Market Intelligence
Speakers:
- Robert M. Hirsh, Partner, Lowenstein Sandler LLP
- Aaron L. Hammer, Partner, HMB Legal Counsel
- Akshay Chothani, Sr. Analyst, Quantitative Modeling, PM, Credit, S&P Global Market Intelligence
- Scott Y. Stuart, Chief Executive Officer, Turnaround Management Association
Time: 11-11:30 a.m. ET
