Law360 (December 1, 2020, 6:07 PM EST) -- Over the past several years, the market for trading in bankruptcy claims has been anemic; there simply has not been product for investors to buy.
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.
Claims traders yearn for the good old days and notwithstanding the increase in filings this past year have generally remained on the...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!