💥Creditor's Prison💥
Daniel Kamensky, Sequential Brands, Greenhill & Co Inc., B. Riley Financial & More
👍Winners & Losers of the Week 👎
Winners
1. In-House Lawyers? And so it begins. Again. Per JPMorgan Chase & Co. ($JPM), the distressed bond universe is approximately $8.6b today. Repeat: $8.6b. That is a measly 0.6% of the non-defaulted universe, marking a low not seen since September of 2007. Repeat: 2007. To refresh your recollection, the total hit ~$…