Investment Banking

Subprime lending is showing signs of strain — especially in the auto sector, where recent lender failures highlight growing vulnerabilities. This panel examines what’s driving stress in subprime auto lending, the implications for the broader credit market, and risks in areas like merchant cash advance (MCA) financing. Attendees gain insights into emerging cracks in the market and what they may signal for the economic outlook.Learning Objectives:Attendees will identify the market forces and operational challenges contributing to distress in the subprime lending sector, with a focus on subprime auto finance.Attendees will analyze the impact of lender failures, rising defaults and tightening credit conditions on borrowers, lenders and the broader credit markets.Attendees will evaluate emerging risks in related financing sectors, including merchant cash advance (MCA) lending, and assess what these developments may signal for future restructuring activity and economic conditions.

The private credit market has grown past $2.1 trillion and continues to expand rapidly, but early signs of stress are emerging. With defaults expected to rise and underwriting potentially loosening, this panel examines key risks, sector trends, and the likelihood of increased restructuring activity over the next 12–24 months.Learning Objectives:Attendees will understand current trends and developments within the rapidly growing private credit market.Attendees will identify indicators of financial stress, increased defaults and potential underwriting concerns affecting private credit portfolios.Attendees will evaluate how emerging market conditions may influence restructuring activity and bankruptcy practice over the next several years.

Join Tim Sloan for an insightful keynote examining the current state of the U.S. commercial real estate market. He will break down the forces shaping today’s environment and highlight emerging trends affecting assets across major sectors. The session will also explore the new opportunities these conditions create for lenders and investors, offering practical perspectives for navigating a rapidly evolving landscape.Learning Objectives:Attendees will learn to:Be able to identify and explain the key economic and market forces currently shaping the U.S. commercial real estate landscape across major asset classes.Gain the ability to evaluate emerging trends in commercial real estate and assess their potential impacts on lenders, investors and market performance.Learn to apply practical strategies for navigating evolving market conditions and recognize new opportunities created by shifts in the commercial real estate environment.

This session will focus on the unique challenges presented by distressed private investment funds, with an emphasis on identifying fraud risk and managing funds approaching the end of their lifecycle. The panelists will discuss common fraud red flags encountered in distressed fund scenarios and the practical steps professionals can take to investigate, mitigate and respond to those risks. The panel also will explore strategies for handling “end of life” funds, including wind-down considerations, stakeholder communications and regulatory issues. Particular attention will be paid to Cayman Islands’ segregated portfolio company (SPC) structures, highlighting structural complexities and best practices for insolvency, restructuring and recovery efforts.

This annual session features leading U.S. practitioners and judicial perspectives on the most pressing developments in U.S. restructuring and insolvency. The panelists will examine the surge in private credit and its impact on liability management, explore how public perception shapes insolvency outcomes, and assess current trends in chapter 15 relief and cross-border practice. The panelists also will address the practical realities of forum-shopping, discuss where cross-border restructurings have succeeded or struggled, and share lessons learned from recent cases in which recognition was denied or chapter 11 presented unexpected hurdles. International experience will be brought to the forefront, providing comparative insights to help practitioners navigate today’s fast-evolving insolvency landscape.

This panel explores investors' perspectives on acquiring distressed commercial real estate in today's volatile market. The panelists delve into such key challenges as interest rate fluctuations, limited debt availability, economic uncertainty, oversupply and rising material costs. Gain insights from industry experts actively transacting in the current market, and discover their outlooks on the future of distressed real estate.