💵New Chapter 11 Filing - Highland Capital Management LP 💵

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Highland Capital Management LP

October 16, 2019

Dallas-based Highland Capital Management LP filed for bankruptcy in the District of Delaware as a preemptive measure; it was expecting a legal judgment against it in an action emanating out of the closure of a related fund after the Great Recession. There’s more about that lawsuit by Bloomberg here.

  • Jurisdiction: D. of Delaware (Judge )

  • Capital Structure:

  • Professionals:

    • Legal: Pachulski Stang Ziehl & Jones LLP (James O’Neill)

    • Financial Advisor/CRO: Development Specialists Inc. (Bradley Sharp)

  • Other Parties in Interest: