Weekly News – May 12

2023 Restructuring Symposium
Registration Closed 
waitlist available for a short time


“Envision Blocker” back in the news

2022’s slate of aggressive LMEs included the Master Class from Envision Healthcare

A J. Crew-like transfer of valuable assets to unrestricted subsidiaries with Serta-like multi-layered uptiering transactions and other non-pro rata debt exchanges brought fears to lenders eyes and the coining of a new phrase: the “Envision blockerâ€

Aptly summarized by our friend Max Frumes @LevFinInsights here:

Envision just another road to nowhere


Will Envision’s demise be a clarion call or will it merely provide the roadmap for more aggressive LME transactions?

(answers remain anonymous)

Monitronics to (re)-join chapter 11 club

Is something amiss here?

Exclusive Content

Find it on Reorg here

Creditors fight back
co-op agreements back in the fray

Loading up for violence?

Riverbed exploring BK

Find it on Reorg here

Grudge match continues over tax refunds

Bitcoin DIP loan

What we’re watching

In other news

Goldman anticipates strong 2023 earnings
no recession here!

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

Read our recent coverage: Contributor Cliff White on Examiners

Look out for more great features from our Contributors

Have something interesting to share?

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Upcoming Events

May 16: **NEW EVENT** IMN: Real Estate Mezzanine Financing & High Yield Debt Forum

May 16: LSTA & Deal Catalyst: Annual CLO Conference

May 18: LSTA/LMA: Joint NY Conference

May 23: NCBJ/ABI: Behind the Bench: Crypto Bankruptcies: Thinking Through Emerging Issues and Cross-Border Cases

May 24: ABI: New York City Bankruptcy Conference

May 27: SAVE THE DATE: Creditor Rights Coalition & LSTA 2023 Restructuring Symposium

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