Weekly News – June 27

Ergen makes interest payment, Better Health holdouts fold, Del Monte LME Chapter 22, Serta blockers analyzed, Saks lifeline, and much, much more…

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Creditor Corner

Ergen makes interest payment, Better Health holdouts fold, Del Monte LME Chapter 22, Serta blockers analyzed, Saks lifeline, and much, much more…

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In the news

waving the white flag or more Game of Thrones?

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Better Health holdouts fold

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Our take:

The market will have to wait for additional guidance post-Serta for LME 3.0…

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LME Chapter 22

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will Serta insiders have to pay up for breach of contract??

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What we’re watching

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The blocker playbook

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Neiman taking down Saks….

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show me the money!

Private Credit Dry Powder

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buying judgment champertous in 5th Cir…

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Data Download

the real economy…

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The Data Download

Bringing Transparency to the Bankruptcy Process

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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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