Dr. Edward Altman Says Commercial Bankruptcies Are Set to Spike in 2024-25
Octus Radio
00:00
The Effects of Chapter 11 Reorganization on Zombies
The average time to recover is probably about two to three years after first becoming a zombie. More than 30 percent get purchased by other companies more than likely at low valuations because their performance is subpar. The more data-friendly and better chance of reorganization under the bankruptcy code, the lower the zombies.
Transcript
Play full episode
