Corporate Bankruptcy Landscape: Lessons From 2015 and What to Expect in 2016

While overall U.S. corporate bankruptcies fell in 2015 for the 7th  consecutive year, rock-bottom interest rates maintained by the Fed during that period have been a key factor in this trend, allowing many over-leveraged companies to hang on. Moreover, the sharp downward trend of recent years now appears to be starting to level off and...