Excerpt
Excerpt
The Examiners: Mark Roe on the Outlook for Corporate Restructuring. Mark Roe, March 27, 2014, Opinion. "Interest rates that remain near zero and debt maturities that have been pushed out to 2017 and 2018 have helped drive Chapter 11 filings to historic lows. Has this difficult environment put corporate restructuring on life support? With interest rates near to zero for several years, weak firms can refinance their way out of problems that otherwise would have forced a financial restructuring and a Chapter 11 filing. It’s all part of the extended bailout of the economy that the Fed has engineered since 2008..." Link verified June 19, 2014