Is the Market for Distressed Lending in Canada About to Change?
By Katherine Forbes, Partner, KPMG LLP
The distressed market arguably always has a relatively small share of global capital markets. (Canada’s last recession, for instance, was in 2008-2009.) But in this recent environment characterized by strong M&A activity and easy access to debt and equity capital over the past five years or...
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Katherine Forbes is a partner with KPMG LLP and president of KPMG Inc. Based in Toronto, she specializes in developing and implementing financial restructuring, corporate turnaround, and distressed M&A strategies on behalf of companies and their stakeholders, and frequently acts as court-appointed monitor, information officer, receiver, and bankruptcy trustee. Forbes has advised debtors, boards of directors, and lenders across various industries, including a number of high-profile mandates in both Canada and the United States.