Bankruptcy Claims Trading Is Fraught with Uncertainty These Days
By Joseph E. Sarachek, Managing Partner, The Sarachek Firm
In the good old pre-pandemic days, buying administrative trade claims in bankruptcy cases was like shooting fish in a barrel—it was easy, it was profitable, and investors’ greatest concern was not whether they would be paid 100% but rather when they would be paid. Not any longer.
After...
We hope you enjoyed your free content!
To continue, please become a TMA member.
Access the Journal of Corporate Renewal and other content in the Learning Link.
Become part of a global organization of turnaround and restructuring professionals with 54 Chapters and more than 400 events each year.
Build your personal brand and professional network with opportunities to connect, speak, lead, and win awards.
Joseph E. Sarachek is the managing partner of The Sarachek Firm. An authority on trading of privately held distressed debt, Sarachek is an attorney and investment professional and currently serves as founding principal of Triax Capital Advisors. He is an adjunct professor at The Leonard Stern School of Business at New York University, teaching classes on bankruptcy investing. Sarachek has lectured at Harvard Business School, Harvard Law School, Cornell University, American Bankruptcy Institute, and TMA.
