Creditor Corner

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Weekly News – May 30

Scott Goodwin joins Prof G podcast Altice game of thrones, Wolfspeed bankruptcy, Saks Meaner & Rougher LME, and much, much more...

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Clearlake ban rattles market and lights up twittersphere, Isgur in the hot seat,  Echostar goes into grace period, Azul goes BK, Saks does deal away, and much, much more... 

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Tweets Of The Week

Clearlake lights up the twitter-sphere

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In the news

Echostar shocker....

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In the news

Isgur's wife in the hot seat....

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In the news

another one bites the dust....

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Exclusive Content

mic drop....

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Data download

spreads widen on the week...

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GS on the markets

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In the news

WSJ Editorial Board takes on Trump Tariffs

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Our Take:

The Daily Cost of BK Legal fees Are Increasing.

Are we shocked? No.

We took a deep dive to see what is driving up the daily cost of restructurings and the culprit: Increasing Legal Hourly Rates. We analyzed final fee apps for top debtor law firms from 2018 to 2024 and found average hourly legal fees have increased by over 65% since 2018. Maybe a little bit of sunlight is the right disinfectant to help remedy the problem....

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Topics

Rachel Albanese Phil Anker Jeffrey Cohen David Feldman Elliot Ganz Marc Heimowitz Dan Kamensky Evan Lederman Sidney Levinson Jim Millar Hon. Richard Schmidt Brian Resnick Damian Schaible Paul Silverstein