Pace Of Bankruptcy-Claims Trading Is Picking Up
— December 1, 2020
By Joseph Sarachek
The scarcity of megacases such as Lehman Brothers Holdings Inc., Bernard L. Madoff Investment Securities LLC, MF Global Holdings Ltd. and Nortel Networks Corp. which for several years provided a significant inventory for claims traders, has resulted in a dearth of claims.
Those cases generated widespread claims-trading activity and made many bankruptcy investors wealthy.
Read the full Law360 article.
Joseph Sarachek is an Adjunct Professor.