Current Conditions in Global Credit Markets - NYU Stern School of ...
Current Conditions in Global Credit Markets - NYU Stern School of ...
Current Conditions in Global Credit Markets - NYU Stern School of ...
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Changes <strong>in</strong> the <strong>Credit</strong> Environment:<br />
Are Historical Default and Recovery<br />
Estimates Still Relevant?<br />
The New Bankruptcy Code <strong>of</strong> 2005<br />
• Increased <strong>Credit</strong>or Rights<br />
• Reduced Management Flexibility<br />
• Greater Role <strong>of</strong> Turnaround Managers<br />
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