Home Bankruptcy

bankruptcy

The latest twist in trucking company Yellow’s litigation may bring some relief to funds holding debt of firms engaged in pension controversies.
SoftBank’s March 2023 uptiering has met resistance in the wake of WeWork’s November chapter 11 filing.
Tough times may lie ahead for the UK – but will expectations for distressed activity be realised this time?
Distressed pre-bankruptcy firms are using workarounds that allow some final-reprieve liquidity and offer risk-tolerant lenders opportunities.
High court refuses request to classify loans as securities, lets a circuit court victory stand for JPMorgan and other banks.
Collateralised loans grew with help from Signature Bank’s bankruptcy auction.
The bankruptcy of the bank’s parent is redefining how ‘Silicon Valley’ functions, and has highlighted the vulnerability of banks. 
When the value of a brand is seen to have eroded, the chances of a company emerging as a going concern are significantly depleted.
As the US witnesses an increase in lender infighting, is it a phenomenon likely to spread to the other side of the Atlantic? Michael Jacobs of Boies Schiller Flexner weighs up the prospects.
The approval of Celsius’s reorganisation allows for the release of some $2bn in cryptocurrency, and frowns on a creditor’s reliance on AI.
pdi
pdi

Copyright PEI Media

Not for publication, email or dissemination