The Need for an Update and Evolution in Restructuring

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The chapter discusses the need for an update to the book due to increasing restructuring efforts and bankruptcy filings, with examples of companies like J. Crew and Neiman Marcus. The speakers also explore the changing landscape of restructuring, highlighting the influence of distress traders and private equity money and the potential for further deterioration in credit agreements and covenants.

More than 10 years after the first edition of FTI Consulting’s Navigating Today’s Environment | The Directors’ and Officers’ Guide to Restructuring, Michael Eisenband, the firm’s Global Co-Leader of Corporate Finance & Restructuring and Consulting Editor for the new edition, discusses what has changed over the past decade in restructuring, how the recent Silicon Valley Bank collapse alters the Fed’s likely path and what may lie ahead for the restructuring practice. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey #leveragedfinance #highyieldbonds #restructuring #debtrestructuring #distresseddebt #performingcredit #leveragedloans #highyield