What the Pros Say (2/19/17)

  • Default Interest. Eric Goodman and Joseph Esmont of Baker & Hostetler LLP chime in on the recent Ninth Circuit decision on the subject.
  • Hedge FundsThe Boston Consulting Group discusses the challengesfacing the beleaguered masters of the universe. 
  • Marblegate/Trust Indendure ActAn analysis - from a capital markets perspective - from the fine lawyers at Sidley LLP
  • Roust. Myles MacDonald from Cole Schotz PC summarizes the recent Roust Corp. bankruptcy case, concluding that the speed of it is not "generalizable."

What the Pros Say (2/5/17)

Jones Day LLP is back at it with a barrage of summaries.

  • Default Interest. Monika Weiner from Jones Day LLP provides an assessmentof recent case law aligning the Ninth Circuit with the majority view of 1123(d).
  • EFIH/MakewholeA review of the recent decision by Jones Day LLP's Bruce Bennett, Brad Erens, and Scott Greenberg. 
  • Lender LiabilityA discussion from...wait for it...Jones Day LLP.
  • MarblegateSkadden Arps Slate Meagher & Flom LLP arrives a little late to the party (Thoughts here by Jay Goffman, Mark McDermott, Sarah Pierce and Liz Downing) with Chadbourne as its date (more thoughts here by Marian Baldwin Fuerst and Christy Rivera). 
  • Retail. Amir Agam and Christa Hart of FTI Consulting cover the current state of retail.
  • Setoff. Charles Whitmann-Todd of, gulp, Jones Day LLP summarizes an important decision relating to the setoff of admin expenses against preferential payments.

What the Pros Say (Week of 11/27/16)

  • Default Rate of Interest Upon 1123(d) Cure: Jones Day LLP's Bruce Bennett and Monika Wiener report on the 9th Circuit finally falling in line.
  • Hanjin Shipping. Baker McKenzie LLP's Peter Goodman discusses the impact of the global shipper's bankruptcy.
  • Indenture Trustee Fees. Karol Denniston of Squire Patton Boggs discusses a Caesars bankruptcy court decision regarding an indenture trustee's ability to recover fees and costs in connection with a settlement.
  • Make-Whole. Shearman & Sterling's Fredric Sosnick, Douglas Bartner, Joel Moss, Solomon Noh and Ned Schodek opine on the recent EFIH decision. King & Spalding LLP's Sarah Borders, Ye Cecilia Hong, Jeffrey Dutson and Elizabeth Dechant also chime in on the decision. As do Michael Goldstein, William Weintraub, Gregory Fox, Kizzy Jarashow and David Koch from Goodwin Proctor. AND so do Bruce Bennett, Brad Erens and Sidney Levinson of Jones Day LLP. ANND so does Cozen O'Connor's Eric Scherling.  ANNND so does Jacqueline Luther of Shepard Mullin LLP. ANNNND also Alston & Bird LLP's Grant Stein, David Wender, Dennis Connolly, and Anthony Greene. ANNNNND Shiff Hardin LLP's J. Mark Fisher and Michael Ott.

What the Pros Say (Week of 11/20/16)

Things must have slowed down as a lot of professionals are putting pen to paper...

  • Dead Malls. FTI Consulting provides an analysis.  
  • Deathtraps. Proskauer LLP's Daniel Desatnik discusses "death traps" as a tool in restructurings.
  • Default Interest. Troutman Sanders LLP's Penelope Parmes, Matthew Brooks and Meghan Wells discuss a recent Ninth Circuit decision.
  • Distressed Oil & Gas. Haynes & Boone LLP's Charles Beckham and Opportune LLP's Ryan Bouley discuss distressed debt and oil and gas bankruptcy
  • Election. Oaktree Capital Management's Howard Marks follows up on his pre-election letter with these insights.
  • Jevic. Rebecca Hollander of Cole Schotz LLP discusses the upcoming Supreme Court hearing.
  • LLC Blockers. Nancy Peterman of Greenberg Traurig LLP discusses blocking rights in LLC operating agreements
  • Make-Whole Analysis. Bracewell's Evan Flashen, David Lawton and Mark Dendinger review the Third Circuit's reversing opinion. As do Schulte Roth & Zabel LLP's Adam Harris, Lawrence Gelber, Michael Cook, and Lucy Kweskin here.
  • Retail and Consumer Products. FTI Consulting released its 2016 Holiday Retail Report.
  • Shipping. Bracewell's Evan Flaschen and Mark Dendinger are prolific this week, also addressing the increasingly distressed shipping space. Seward & Kissel LLP's John Ashmead, Michael Timpone, and Robert Gayda also address the distressed shipping space - highly relevant in light of this week's crazy drybulk shipper movements (see Dryships).