Restructuring

Monetary policy famously works with long and variable lags and restructuring investment bankers are finding this out the hard way. Even though the ...

The aim of every chapter 11 case is to balance providing equitable treatment to pre-existing creditors with the need to try to create the most effi...

Something I’ve written about many times is that when it comes to restructuring, things mean what they’re defined to mean -- not what you think they...

If you were asked to quickly define what the chapter 11 process involves – in no more than a sentence – a reasonable answer would be that it involv...

If we take a step back and ask ourselves what restructuring really is – at its most fundamental level, devoid of any verbiage – a reasonable answer...

As inflation accelerates at a pace not seen in the past forty years and equity markets continue to whipsaw, it’s worth thinking about what the rami...

Over the past month I've been absurdly busy. As it turns out, all it took to dislodge credit markets from their eighteen month stimulus-induced com...

Let’s imagine that you’re working at a distressed debt hedge fund. You’ve been following a company that’s been in distress for a while and it has a...

As you can imagine, restructuring deal flow was quite subdued in 2021 relative to 2020. However, that doesn't mean that restructuring bankers have ...

While 2021 has been an incredibly quiet year in the world of restructuring - as was to largely be expected given how much deal activity was pulled ...

Throughout the early 2000s, it was increasingly recognized that the Chapter 11 process was not operating as it was intended to. Instead of the proc...

Investment banking is a game of musical chairs. Routinely top bankers are poached by competitors - often those a few notches down the league table ...