PETITION

PETITION

Share this post

PETITION
PETITION
Unrestricted Subsidiary Shenanigans: iHeartMedia Version
Copy link
Facebook
Email
Notes
More

Unrestricted Subsidiary Shenanigans: iHeartMedia Version

Oct 17, 2017
∙ Paid

Share this post

PETITION
PETITION
Unrestricted Subsidiary Shenanigans: iHeartMedia Version
Copy link
Facebook
Email
Notes
More
Share

Last week we wrote about Caesars and the "mess" that ensued after beleaguered creditors went after PE funds for value transfers to unrestricted subsidiaries (a playbook recently deployed in J.Crew, as well). This past week a judge ruled in favor of the company in iHeartMedia Inc., ruling that an equity transfer to an unrestricted sub didn't equate to a …

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Petition LLC
Publisher Privacy ∙ Publisher Terms
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More