The 14th edition of the Global Legal Group guide offers expert analysis and practical guidance on the trends, regulations and best practices specific to lending and secured finance – and is dedicated to the memory of our own Bridget Marsh.
With the default rate rising to a ten-year high in recent months, the U.S. secondary loan market has seen a commensurate increase in distressed trading volume. Although today’s distressed trading volume is far lower than the peak of $45 billion experienced during the 2008–09 “Global Financial Crisis”, there nevertheless has been a very sharp increase....
