Remove membership bankruptcy-links
article thumbnail

ALEA Deadline Is Today for Submitting Papers for Its 2024 Annual Meeting

Reynolds Holding

American Law and Economics Association E‐mail: alea@yale.edu Web Address: [link] 2024 Annual Meeting Friday and Saturday, May 17-18, 2024 University of Michigan CALL FOR PAPERS SUBMISSION DEADLINE: January 21, 2024, 11:59 p.m. You will see your membership status at the bottom of the page (including the “paid through” date).

Finance 45
article thumbnail

Do Hedge Funds Exploit Material Nonpublic Information from Bankrupt Companies?

Reynolds Holding

Unsecured debt of distressed companies is a popular investment for certain hedge funds, not least because it often allows the funds to serve on a distressed company’s unsecured creditors’ committee (UCC) shortly after the firm files for Chapter 11 bankruptcy. Our bankruptcy sample includes 144 Chapter 11 cases filed by large public U.S.

Equity 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do Hostile Restructurings Mean a New Identity for the “Official Committee” in Bankruptcies?

Reynolds Holding

It began on a bright note, as his billion-dollar hedge fund stood to profit from a possible settlement in Neiman Marcus’ bankruptcy. [1] 7] Neiman Marcus was no different – in 2017, it transferred its crown jewel asset into a subsidiary that would be out of reach of creditors if the company eventually filed for bankruptcy. [8]

article thumbnail

Wachtell Lipton Discusses Key Issues for Boards in Corporate Governance for 2023

Reynolds Holding

Simultaneously, there has been enhanced scrutiny of “greenwashing” over the last year, with private lawsuits alleging deceptive marketing, skepticism about sustainability-linked financing and additional SEC enforcement actions alleging misleading climate-related disclosures.