Serta Debt Ruling Lobs 'Grenade' Into Restructuring Strategies

Partner David Hillman provides thoughts on the future of liability management exercises after a landmark Fifth Circuit ruling in a Serta debt transaction.

From Bloomberg Law on January 3, 2025

Four Defining Themes in Corporate Restructuring in 2024

Partner David Hillman shares thoughts on whether liability management exercises will be a permanent or temporary solution in corporate restructuring in 2025.

From WSJ Pro Bankruptcy on January 2, 2025

The End of Non-Pro Rata Uptiers? Fifth Circuit Rules that Serta Exchange was Not an “Open Market Purchase”

on January 2, 2025

ConvergeOne Can't Ax Snubbed Creditors' Ch. 11 Plan Appeal

Partner David Hillman spoke with Law360 about a group of creditors’ motion to appeal ConvergeOne’s Chapter 11 plan.

From Law360 on October 24, 2024

Proskauer Q3 Private Credit Default Index Decreases to 1.95%

on October 24, 2024

What Being An 'Insider' Means In Ch. 11, And Why It Matters

From Law360 on October 21, 2024

Private Credit Restructuring Trends: Sponsor Capital Infusions in Times of Distress

on October 14, 2024

Private Credit Market Seeks to Tackle LMEs

Partner David Hillman spoke with LSEG Loan Collector about LMEs and how to approach them within the private credit market.

From LSEG Loan Collector on October 3, 2024

Private Credit Restructuring — Are You an “Insider” and Why Does it Matter?

on September 30, 2024

Hertz Ruling Keeps ‘Make-Whole’ Fee Focus on Solvent Debtors

Partner David Hillman spoke with Bloomberg Law about what bondholders’ appeals court victory against Hertz Corp. means for “make-whole” payments in similar future scenarios.

From Bloomberg Law on September 19, 2024