Funding the Post-Confirmation Trust When the Well Runs Dry
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Funding the Post-Confirmation Trust When the Well Runs Dry
By Ken Epstein, Investment Manager/Legal Counsel, Bentham IMF
The average duration of large, public company bankruptcies has fallen sharply since the financial crisis. Remarkably, it took just over seven months in 2017 to administer a case.1 While this trend lowers costs and provides other benefits to the bankruptcy estate, it means that...
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Ken Epstein is an investment manager and legal counsel at Bentham IMF, a global commercial litigation funder. He leads the company’s investments in bankruptcy and insolvency-related matters and serves as a resource for debtors; creditors, including hedge funds, private equity funds, and alternative asset managers; bankruptcy estate representatives; and other stakeholders seeking to pursue litigation claims.