Allen & Overy Adds Mak and Kostov as Partners for Leveraged Finance Practice
Gordon Mak and Stanimir Kostov joined Allen & Overy as partners in the firm’s U.S. leveraged finance practice, which is based in New York.
Gordon Mak and Stanimir Kostov joined Allen & Overy as partners in the firm’s U.S. leveraged finance practice, which is based in New York.
According to data from Datasite and Debtwire, 71% of U.S. dealmakers, 70% of deal markers in Europe, the Middle East and Africa, and 61% of dealmakers in the Asia Pacific region expect to see more restructuring activity in the next 12 to 24 months.
Schulte Roth & Zabel announced key findings from its 2013 Distressed Investing M&A report, produced with Mergermarket and Debtwire, including that distressed investors are increasingly turning to firms in Europe.
Thomson Reuters reported, according to the results of a survey, investors in distressed company debt expect U.S. corporate defaults to remain low this year, but are split over whether there will be a pickup in bankruptcy filings by large companies.