Wow. Nice price fetched for a bankrupt retailer's URL. If you're of the belief that there'll be more distressed tech (and, of course, more distressed retail with IP like URLs to sell), this is a nice comp. Credit Hilco Streambank for conducting the auction.
- Brand/IP Value. Hilco Streambank's David Peress is quoted herein discussing loans structured upon brands.
- CDS. Given the comments about CDS by Jason Mudrick (see above) and the events emanating out of iHeartCommunications Inc., credit default swaps are coming back into focus. Here (part 1) and here (part 2), Kramer Levin Naftalis & Frankel LLP's Stephen Zide and colleagues provide a solid two-part summary of the CDS determination made in the iHeart matter.
- Feasibility. In an attempt to overtake Jones Day as the winner of "Most Prolific Marketing" content supplier, Kramer Levin Naftalis & Frankel LLP's Stephen Zide and David Braun provide a summary of the Paragon Offshore matter which, from our perspective, has been wildly under-covered - other than by us.