The Globe and Mail quotes Montreal lawyer Jonathan Halwagi in an article on distressed debt funds.
“A pandemic creates opportunities when otherwise healthy companies face strains because capital has dried up. It’s artificial pressure,” said Jonathan Halwagi, a partner at Fasken Martineau DuMoulin who works with distressed debt funds.
“But when governments are very aggressively stimulating the economy, you don’t get a lot of companies facing artificial pressure,” Mr. Halwagi said.
