Restructurings defy a one-size fits all approach because every deal is unique and different tools are required to solve different problems. At one end of the restructuring continuum is the so-called “amend and extend,” where...more
When debt restructuring discussions are at an impasse and the reservoir of goodwill between the parties has run dry, stakeholders face difficult choices. For a lender, one of the most powerful tools available is the exercise...more
8/4/2023
/ Automatic Stay ,
Bankruptcy Code ,
Bankruptcy Court ,
Borrowers ,
Debt Restructuring ,
Equity ,
Lenders ,
Notice Requirements ,
Parent Corporation ,
Proxy Voting ,
Shareholders ,
Voting Rights ,
Written Consent
Despite the strength of the U.S. economy headed into the New Year, a variety of conditions may be conspiring against businesses in certain segments of the health care industry. These include reduced patient census at skilled...more
3/3/2022
/ Borrowers ,
Chapter 11 ,
Commercial Bankruptcy ,
Default ,
Dischargeable Debts ,
Financial Distress ,
Health Care Providers ,
Healthcare ,
Joint Venture ,
Loans ,
Medicare ,
Private Funds ,
Private Lenders ,
Restructuring
The primary investment thesis of a private credit lender is simple — get the loan repaid at maturity. Private credit lenders do not make loans as a means to acquire their borrower’s business. There are circumstances, however,...more
8/30/2021
/ 363 Sales ,
Article 9 ,
Bankruptcy Plans ,
Borrowers ,
Collateral ,
Credit Bids ,
Debt Collection ,
Debt Forgiveness ,
Debt Restructuring ,
Lenders ,
Loans