KKR-Backed Medical Firm Lenders Tap PJT on $4 Billion Debt Load
A group of lenders to
Healthcare bankruptcies have recently spiked as labor shortages and rising interest rates neutralize an industry boost once fueled by the government’s pandemic aid.
Gaming operator
The Justice Department challenged bankrupt crypto exchange Bittrex Inc.'s court request to honor customer withdrawals of cash and digital assets, saying the move would lead to premature creditor distributions while harming the government’s ability to recover $29.3 million in settlement funds.
The federal judge overseeing the
A group of lenders to
Dish Network Corp.’s bonds were the worst performing in high-yield secondary trading Friday.
A federal judge threw out the bankruptcy case for
Chesapeake Energy Corp.'s post-bankruptcy royalty fee settlements with about 23,000 Pennsylvania landowners were approved without jurisdictional authority, the Fifth Circuit ruled.
3M Co. subsidiary Aearo Technologies LLC, the bankrupt maker of allegedly defective combat earplugs, is ineligible for bankruptcy relief, a judge ruled.
Welcome to The Brink. It’s Selcuk Gokoluk and Libby Cherry in London, where we have been looking at Turkish companies seeking a way back to dollar bonds and loans. We also have news on the legal battle around Serta Simmons, the troubles for the owner of the Telegraph newspaper and Coinbase. Follow this link to subscribe. Send us feedback and tips at sgokoluk@bloomberg.net or Tweet/DM to @selcukgokoluk.
There are good opportunities now to buy leveraged loans that have been hit too hard, especially in the tech sector, according to
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