This podcast episode delves into the complexities of the private credit market, highlighting its rapid growth and the challenges it presents in areas such as transparency, bankruptcy law, and financial stability. Experts Jared Ellias and Elisabeth de Fontenay articulate how the shift towards private credit, driven by regulatory changes and a quest for efficiency, creates a new landscape for debtor-creditor relations, impacting everything from real-time market signals to the potential for "extend and pretend" scenarios that obscure true company health. The conversation raises critical questions about the implications of this evolution for corporate bankruptcy and the need for adaptive legal frameworks to navigate the inherent risks.
