Weekly News – December 1

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CRC Allocators Conference:

Marc Heimowitz of Coda on Opportunity Set

Click on the screenshot to play the video


Bad Omen?


Where do we go from here?

Get the Report here


Contagion?


Private Credit versus Syndicated Loans

Exclusive Content

Find it on Reorg here


Our take:

It may be too early to call better recoveries for private credit but interesting that privates result in sales more than 80% of the time compared to 35% for publicly syndicated loans. Implications for rehabilitative goals of the Code?
Tell us what you think here


Celsius hits speed bump…


Tax Man Cometh


But settles for cents on the dollar in Endo?


Latest sponsor-led uptier challenged

Find the Complaint here


What we’re reading


Private Credit kicking the can down the road

Private credit turns on liquidity spigot


Cha ching!


“Bullsh*t Earnings”
RIP Charlie


Thank you for making the
CRC Allocators Conference
a Success


CRC weighs in on Serta


The Academics Speak Up
Purdue Pharma

Purdue Pharma is the gift that keeps on giving. This is our third installment on the twists and turns this case has taken through the Courts. You can read our first installment here, and our second here.

All bets came off the table when the Supreme Court decided to reshuffle the deck by taking on the appeal of the 2nd Circuit’s decision. Not only did SCOTUS take the unusual step of taking on this big ticket issue in BK cases but it also stopped the lower court’s decision in its tracks putting the breaks on the entire enchilada. We decided to consult with our expert Academic Contributors for our inaugural feature the Academics Speak Up to get their takes on the latest developments.

We are excited to bring you the varying perspectives of Prof. Tony Casey, Prof. Samir Parikh and Prof. Ralph Brubaker.
 

Read on here, you won’t be disappointed.


Read more on Purdue Pharma

click through to read the features from our Contributors

Martin Bienenstock
Phil Anker
Marshall Huebner
Edward Neiger
Jennifer Christian
Paul Silverstein
Clifford J. White III

Read our recent coverage:
Where Are We In The Credit Cycle?


Look out for more great features from our Contributors


Have something interesting to share?

email us at [email protected]


Upcoming Events

December 4: CreditSights: New York Outlook Conference 2023

December 6: Debtwire: Restructuring Forum Miami

December 12-13: Fitch Solutions: Leverage Finance Credit Outlook

December 14: Goodwin: Litigation Financing Demystified: Insights from Funders and Counsel

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