What the Pros Say (04/23/17)

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  • Intercreditor Agreements. Skadden's Ron Meisler and Carl Tullson discuss recent trends.
  • Third Party Releases. And Delaware bankruptcy professionals are wondering why cases are filing elsewhere? See this summary of a recent case on the topic by Cole Schotz' Katharina Earle. Shmuel Vasser and Andrew Harmeyer from Dechert LLP also summarized the case here.

Congratulations

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  • James Mazza for making Partner at Skadden Arps Meagher & Flom LLP in Chicago.
  • James Loughlin (Principal, Managing Director) of Loughlin Managing Partners on his recognition by the Turnaround Atlas Awards. Whatever the hell that is.

What the Pros Say (2/26/17)

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  • 2016 Ranked. Jones Day LLP, the most prolific distributor of bankruptcy-related content, released this highly unscientific ranking of top-10 publicly traded bankruptcy filings. Go big or go home, Jones Day: if you're going to put out a top 10, don't pull the old "if we rank our own deal second, nobody will notice the blatant self-promotion" trick. Go #1 and own it (arguably deserved here, anyway).
  • Cross-border. Jay Goffman and Christine Okike of Skadden discuss Hanjin Shipping and Chapter 15.
  • Out of Court Restructuring Alternatives. Bankruptcy professionals are really racheting up their tech skills a notch: here, Sam Newman of Gibson Dunn, Jim Baer of CMBG Advisors Inc., Michael Ozawa of Enterprise Management Advisors LLC, Kim Withrow of Bibby Financial Services and Neil Morganbesser and Alex Kasdan of DelMorgan & Co. discuss, by webinar, options like ABCs which our friends in the VC space love to use to keep their failures secret. Shhhhhh.
  • Retail. Greenhill & Co.'s Christopher Grubb opines about the state of retail in this Bloomberg video clip. Choice quote about coming retail bankruptcies: "I think there will be 30 or 40 of meaningful scale."

What the Pros Say (2/5/17)

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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/Makewhole. A review of the recent decision by Jones Day LLP's Bruce Bennett, Brad Erens, and Scott Greenberg. 
  • Lender Liability. A discussion from...wait for it...Jones Day LLP.
  • Marblegate. Skadden 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.