Joshua Sussberg is quoted regarding the possibility of an increased amount of corporate bankruptcies in 2019.
"'One of the things that we tell the companies all the time: You want to move into these processes on your toes, not on your heels,' Sussberg said. If there’s no contingency plan in place, 'creditors are effectively running the show.'”
This article appeared in its entirety in the December 20, 2018 edition of Bloomberg.