SNS/SHoF Finance Panel - The Coronavirus Crisis: Preparedness to Deal With Increased Bankruptcies?
Corporate debt in Swedish firms has increased over the last couple of years. In the midst of the Coronavirus outbreak, economic activity has significantly decreased and statistics from SCB shows that the annual growth rate for corporate loans has spiked over the last three months. How serious is the risk of a worldwide credit crunch triggering a wave of corporate bankruptcies? How well prepared are courts and bankruptcy managers? What possibilities are there for firm restructuring? To what extent are creditors and everyday people impacted by bankruptcies?
SNS/SHOF Finance panel invited special guests Bo Becker, Cevian Capital Professor of Finance at the Stockholm School of Economics and Swedish House of Finance and Marie-Karlsson-Tuula, Professor of Common Law at Karlstad Business School. Participants also include Bengt Stillström, founder and chairman of Traction, Karl Björlin, co-owner of Cirio Law Firm and Daniel Harlid, VP-Senior Analyst at credit rating agency Moody’s.
The Finance panel is a discussion forum for the financial sector arranged by SNS and Swedish House of Finance (SHoF).
Participants
Bo Becker, Cevian Capital Professor of Finance at Stockholm School of Economics and Swedish House of Finance
Marie Karlsson-Tuula, Professor of Common Law at Karlstad Business School
Karl Björlin, co-owner at Cirio Law Firm and board of director at TMA Sweden
Daniel Harlid, VP-Senior Analyst, Moody’s Investors Service
Bengt Stillström, founder and chairman at Traction
The conversation was moderated by Mikael Witterblad, director of SNS research programme.
Welcome!