Reynolds Holding

MARCH 20, 2024

Traditionally, senior lenders have wielded all the control in bankruptcy and out-of-court restructurings. Meanwhile, modern debt instruments often contain covenants that give lenders control over the debtor’s business and financial decisions.

Capital Structure 59

Capital Structure Marketability 59

Reynolds Holding

JANUARY 17, 2024

In recent years, Chapter 11 of the Bankruptcy Code has prompted critics to claim that, at least when it comes to large companies, it has become a lawless forum where bankruptcy judges have jettisoned fealty to the code in order to attract cases to their courts. Belk had its plan of reorganization confirmed on February 23, 2021.

Equity 59

Equity Capital Structure Compliance 59

Appraiser Newsroom

MARCH 20, 2024

He is a managing director and North American Valuation Services Leader and part of the firm’s Valuation Advisory Services practice. Manish Choudhary, ASA, CFA | Deloitte Manish Choudhary is a Managing Director in Deloitte Advisory’s Valuation practice in New York. Myron is also the firm’s Consumer Products and Retail industry leader.

Intangible Assets 52

Intangible Assets Compliance Equity Finance 52

Musings on Markets

FEBRUARY 27, 2023

We have an uneasy relationship with debt, both in our personal and business lives. While it is a financial decision, it is one that is freighted with moral overtones, since almost every religion inveighs against debt's sins, labeling those who lend as sinners and those who borrow as weak.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Brian DeChesare

APRIL 6, 2022

Ask anyone joining a large bank which group they’re most interested in, and consumer retail investment banking is a likely answer. The benefits of the group are almost like the benefits of getting into investment banking : brand/prestige, technical skills, and exit opportunities. At first glance, these categories may not make sense.

Banking 96

Banking Start-ups Equity Marketability 96

Brian DeChesare

FEBRUARY 28, 2024

Partially, it’s an issue of accessibility: Everyone understands what happens to the stock price if a company beats earnings… …but few people understand what it means if a company is set to violate a debt covenant on page 214 of its credit agreement. The problem is that these claims only apply to certain groups.

Equity 59

Equity Banking Start-ups Finance 59

Brian DeChesare

JULY 27, 2022

Structured Credit – Now you’re buying or selling pools of similar debt obligations rather than single securities or derivatives. Even distressed PE firms focus on the “fulcrum security” (the one most likely to be converted into equity in a bankruptcy process). Certain trading desks , such as rates trading or distressed debt.

Equity 52

Equity Start-ups Private Equity Firm Beta 52