Webinar Replay — When things fall apart — Private Credit enforcement from New York to Hong Kong
- 9fin team
The global private credit market had seen explosive growth, nearing $1.6 trillion and was projected to nearly double by 2028.
Yet, this rapid expansion, coupled with market volatility, led to increasing distress in ever larger private credit facilities. 9fin data showed rising default risks, increased BDC non-accruals, and significant mark declines.
When traditional strategies failed, lenders were increasingly forced into legal action to ensure and maximize recovery.
9fin and leading experts hosted a webinar to demystify the escalating world of private credit enforcement.
Speakers:
- John Han – litigator at Kobre & Kim
- Daniel J. Saval – restructuring attorney at Kobre & Kim
- Ronald Thompson, managing director of Alvarez & Marsal Asia and led Asia’s restructuring practice
- Dan Zwirn, chief executive officer & chief investment officer of Arena Investors LP
- Max Frumes – head of distressed and restructuring at 9fin
Watch to find out:
- Where enforcement actions were happening (NY, HK) and navigating common vs. civil law systems, including offshore.
- The "oh no" moments that sparked legal action, from technical defaults to misappropriation.
- Actual legal filings, investigations, asset seizure steps, and tactics when negotiations broke down.
- What lenders truly recovered, and what was lost by not acting.
Tune in to learn when to act, how to navigate complex legal landscapes, and the strategies to protect and maximize recoveries in the evolving private credit market.




