Weekly News – February 9

Adam Neumann is doing his own grave dancing, CRC weighs in on New Jersey case assignments, Houston has a P.O. Box issue, and much, much more! ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  

Creditor Corner

for the week ended February 9, 2024

Your weekly curated content from the Creditor Rights Coalition

Over 2,400 member subscribers and growing!

Sign Up Here

BREAKING NEWS

Adam Neumann is doing his own grave dancing, CRC weighs in on New Jersey case assignments, Houston has a P.O. Box issue,  and much, much more!

FEATURED CONTENT

Bruce Richards on the Markets:

Don’t Fight the Fed: Rate Outlook

Scroll through to read all of our content

In The News

Look who is back!

Exclusive Content

And just like any good distressed investor, timing is everything…

Click on the Image to Access the Full Report

Our take:

One small step…. but the devil is in the details. 

We hope the NJ Court follows through and changes its local rules to assign all large cases among all 8 judges in the district rather than allow cases filed in Trenton to be assigned to the 2 judges sitting there. For more information about how judge shopping works in New Jersey, read Adam Levitin’s piece here.

Interestingly, the Third Circuit just announced a vacancy on the NJ Court with applications due March 6. In case you’re interested you can apply here. What are the betting odds on whether the new Judge will be assigned to Trenton??

Tell us what you think here

Exclusive Content

Houston has a P.O. Box issue

Click on the Image to Access the Full Report

Our take:

Another pro se equityholder has done some nice sleuthing to uncover Jackson Walker created venue just hours before the Sorrento filing by opening up a P.O. Box when the venue rules require 180-days!

Tell us what you think here

In The News

One to watch…

Exclusive Content

Working out…

Click on the Image to Access the Full Report

One-time registration required

Exclusive Content

Diamond Sports Steamroller starting…

Click on the Image to Access the Full Report

One-time registration required

In The News

A tough way to make a living

In The News

Low $$ bonds putting a crimp on m&a?

Data Download

There’s a lot of dry powder out there

Dry powder held by private credit funds globally

Source: S&P Global, Prequin. Data as of Sept 30, 2023

Global PE dry powder ($, bn)

Source: S&P Global, data through Dec. 1, 2023

In The News

property sector woes

Tweet Of The Week

Are markets getting ahead of themselves??

What We’re Reading

Read about sponsor control of BK process

Read it Here

Podcast of the Week

Visit Podcast

Data Download

BIG move in rates this week

Bruce Richards on the Markets

Click on the Image to watch Bruce’s comments.

To follow Bruce’s thoughts on markets, investing, and more follow @bruce_markets

Read all of our Features Here
Read all of our Features Here

Meet Our Sponsors

The CRC is funded through sponsorships from these organizations

Platinum Sponsors

Gold Sponsors

Silver Sponsors

Featured Event

February 23

The must-attend event!

Upcoming Events

SFNET: Las Vegas Asset-Based Capital Conference

February 6, 2024

Learn More

TMA: 2024 Last Vegas Distressed Investing Conference

February 8, 2024

Learn More

City Bar Bankruptcy Committee & ACFA: Hot Topics in Bankruptcy

February 13, 2024

Learn More

ABI: Paskay Tampa Memorial Bankruptcy Seminar

February 15, 2024

Learn More

ACFA: Liability Management Transactions Program

March 14, 2024

Learn More

ABF Journal: 15th Annual Philadelphia Restructuring Summit

March 21, 2024

Learn More

Sidley & Austin, Southern California Gould School of Law, and Lewis & Clark Law School: Financial Restructuring Roundtable

April 4, 2024

Contact Samir Parikh for more information at [email protected]

Have Something to Share?

Email us at [email protected]