BankruptcyData is the premier resource for business bankruptcy related data on the web.
Boston, MA
Joined April 2011
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BankruptcyData retweeted
During a hearing in the bankruptcy of a Dave's Hot Chicken franchisee, a judge channeled Monty Hall of "Let's Make a Deal," & a Barnes & Thornburg lawyer representing a lender questioned an October expansion into Rehoboth Beach, Del. app.bankruptcydata.com/news/… (via @BankruptcyData )
How close is Wilsonart to the point where creditors begin organizing?
Our latest analysis looks at the company’s leverage, liquidity, covenant cushion and proximity to S&P’s downgrade trigger.
Read more on the new BankruptcyData:
bankruptcydata.com/article/w…
#Restructuring
Excited to support this year’s Wharton Restructuring and Distressed Investing Conference as the industry takes a hard look at how private credit is redefining restructuring.
Register for the conference here and use code BD-10 for 10% off:
ticketleap.events/tickets/wr…
United Site Services, Inc. – Creditor CastleKnight Master Fund Files Objection to First Day Relief, Intends to File Adversary Proceeding Challenging Debtors’ 2024 Liability-Management Transaction and “Double Dip” Structure as “Unlawful” #bankruptcy #portapotty
BankruptcyData retweeted
Another “isolated” event?
Bloomberg reports that 48Forty, a big pallet company is struggling to pay back its huge $1.75 billion loan. (PIK comes into play here too)
So the private equity lenders which include Antares Capital, a big Chicago lender, are taking over ownership of the company.
Summit Partners, a Boston private equity firm, and the people who gave them money — mainly pension funds, university endowments, wealthy families, and other big institutions lose big here
bloomberg.com/news/articles/…
Spirit Airlines filed again #bankruptcy because holiday weekend- lead case will be administered under Spirit Aviation Holdings
Bankruptcy DataSpotlight on: Riveron Consulting, bit.ly/458CzNd
Estate side fees in bankruptcy and restructuring up significantly in 2025.
1Q25 Business Development Company (BDC) Report - Part III from Bankruptcy Data.
Private Credit Distress risk (or opportunity, depending on which side fo the restructuring table one is on).. bit.ly/4dMC39N
🎉 Exciting News from ABI's Annual Meeting! 🎉
We're thrilled to announce the release of Bankruptcy Data's Annual Leaderboard Awards! 🏆
#ABIAwards #BankruptcyData #Leadership #Innovation #AnnualMeeting20232024 BankruptcyData Leaderboard Awards bit.ly/42VaFBB
Introducing Our Quarterly Private Credit/BDC Report
BDCs serve as a valuable proxy for the opaque Private Credit market, offering insights into portfolio company performance and emerging distress trends.
#PrivateCredit #BDC #AlternativeInvestments #Restructuring
We are pleased to invite you as sponsor to the 21st Annual Wharton Restructuring and Distressed Investing Conference, which will be held on Friday, February 21, 2025, at the Plaza Hotel in NY.
2025.wrdic.org
ticketleap.events/tickets/wr…
Use our Discount Code: BDNGR10-2025
Serta Simmons Bedding – Uptier Transaction Ruling Overturned by Fifth Circuit Court of Appeals; Confirmation Order Partially Reversed in Connection with Indemnity Provisions
Full story here:
bit.ly/3ZVDCMh
One of our favorite events is coming up. Less than a month away. We'll be releasing our annual league tables there. Hope to see you then! bit.ly/3NUFxeu
🚀 Big moves YTD in the bankruptcy world! Kirkland & Ellis tops the chart of Debtor Bankruptcy Counsel with 12 mandates, while Young Conaway takes the lead as local counsel with 11 engagements. Who else is making an impact? Stay tuned! #Bankruptcy #LegalInsights 📊💼
YTD business bankruptcy Filings for the first three quarters of 2024 jump 25% over last year. And are tracking ahead of the pandemic highs of 2020. Probably nothing.....
The Chemours Company – After Call to Ethics Hotline Initiates Independent Review, Audit Committee Discovers Significant Irregularities as to Recognition of Revenue and Expenses for Fiscal Year End 2023 | Bankruptcy Data bit.ly/3Vw4vWy