Covenants: A Conversation with Distressed Debt Expert Tim Alexander(June 23, 2020)
Octus Radio
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Navigating Weak Documentation as a Distressed Investor
This chapter discusses the strategies and challenges faced by distressed investors dealing with weak documentation, emphasizing the complexities of litigation, leverage for bondholders, and understanding sponsor actions. It underlines the importance of protective documentation and the need for better protection and compensation in a shifting market environment.
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