Survey shows debt investors expect corporate defaults to rise as Fed tapering winds down and interest rates rise globally.
By Sarika Gangar, Bloomberg|April 18, 2014 at 12:24 PM
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Debt investors expect corporate defaults to increase during the next year as the Federal Reserve winds down stimulus measures and pushes interest rates higher, according an International Association of Credit Portfolio Managers (IACPM) survey.
Paul Schmidt, chairman of Baker & Hostetler's national tax practice, has been chosen to assume leadership of the firm at year's end. He will be the Cleveland-based Am Law 100 firm's first new leader since 2004.
Uniloc USA Inc. brought the motion last month to coordinate 25 patent infringement lawsuits against companies such as Apple and Motorola over seven patents it acquired from Hewlett Packard Enterprise in 2017.