Prof. Jacoby on Mass Torts & Bankruptcy, Distressed's Slow Climb: State of Distressed Debt

With distressed supply settling back following a test of June’s highs, Bloomberg Intelligence expects it may consolidate a bit between $100-$150 billion as seasonal trends turn supportive in December, and believes this distressed supply rise will continue, however, more likely in drawn out and steady fashion rather than quick and volatile. FICC Focus offers the latest market views on interest rates, corporate bonds, emerging-market debt, commodities and currencies by Bloomberg Intelligence analysts.  In this State of Distressed Debt edition, Global Credit Strategy head Noel Hebert and distressed credit analyst Philip Brendel discuss the leisurely pace of this distressed cycle and when it may pick up. Bankruptcy litigation analyst Negisa Balluku has an in-depth feature interview with Melissa B. Jacoby, Professor of Law at UNC School of Law (7:50) and Bloomberg News distressed debt reporter Eliza Ronalds-Hannon joins the panel to share thoughts on distressed credits in the cinema and crypto spaces, as well as Bed, Bath, & Beyond, Revlon and Incora (42:40).