English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Zendy Plus

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Zendy Tools

Zendy Open

Paradoxically, being involved with a company in bankruptcy can be extremely profitable. As in so many other areas of life, the key is timing. Profits are made by buying debt claims against bankrupt companies at distressed prices and negotiating advantageous treatment of those claims in the plan of reorganization.' While trading claims on distressed debtors is not a new business,2 it has reached new heights of popularity in recent years. Pension funds and other institutional investors have contributed more than $3 billion to "vulture" or "debt raider" funds, which buy strategic blocks of debt issued by companies facing bankruptcy.3 The increased investor interest in participating in chapter 11 situations has been paralleled by an increasing supply of distressed debtors.4 The result has been the development of an active market in claims on insolvent companies.5

Trading Claims in Chapter 11: How Much Influence Can Be Purchased in Good Faith under Section 1126?