News Feature

US Insight: Broader market volatility could create opportunity for private credit lenders

US Post Petition: Zips Car Wash lines up speedy chapter 11 to implement debt-for-equity swap, wipe out unsecureds

EMEA Insight: LMEs made up over two-thirds of defaults in Europe in 2024

Opus Connect Private Debt Deal Connect and Summit: Optimism for dealmaking circulates ahead of New York Conference

US/EMEA Special Situations: Walgreens suspends dividends

US Bankruptcy: The Container Store gets confirmation of plan of reorganization, handing equity to DIP lenders

US/EMEA Special Situations: Negotiations between Altice France and its AHG continue as conclusion nears

US Bankruptcy: Tupperware files chapter 11 plan following Dechert-led group credit bid transaction

US Bankruptcy: JOANN files ‘chapter 22’ bankruptcy in Delaware just eight months after exiting first restructuring; Gordon Brothers to lead auction with liquidating bid

US Bankruptcy: Ligado Networks blames U.S. government for liquidity woes, seeks $939mn DIP – Quick Takes

US Special Situations: Litigation against Mitel, Searchlight and lenders thrown out by NY appeals court

US Special Situations: Empire Today enters new credit facility

US Special Situations: Spirit Airlines files Chapter 11 in SDNY with $300mn DIP financing from existing bondholders

US Bankruptcy: Wellpath secured lenders to take control via sale and restructuring — Quick Take

US Bankruptcy: Tupperware sells company to lenders Stonehill, Alden, BAML, Strategic Investments via credit bid

US/EMEA Special Situations: Altice’s secured creditor group would prefer debt negotiations within a conciliation process to help stave off priming