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 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: 1-2 p.m. ET
