Corporates Face Novel, Greater Risks from Debt Ceiling Impasse—Even if No Default Occurs
Cleary M&A and Corporate Governance Watch
APRIL 25, 2023
government debt plays out over the coming months, the United States is in uncharted territory. While there have been a number of actual and threatened “government shutdowns” in recent years, and government agencies and executives have experience navigating them, a market perception of a credible default risk on U.S.
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