David Hillman

Jan 29, 2025 | jdsupra.com | Charles Dale |David Hillman |Vincent Indelicato

In many ways, 2024 continued existing trends in private credit: modest levels of M&A activity, competition among direct lenders to deploy capital, higher-for-longer interest rates, persistent inflation, elevated default rates, and restructurings frequently resolved out-of-court.

Oct 22, 2024 | jdsupra.com | David Hillman |Steve Ma

After nearly a decade of historically low interest rates, many borrowers will now have to grapple with near-term maturities between 2025 and 2028 on approximately $4.9 trillion of corporate debt.[1]While some borrowers may be able to refinance their debt, today's higher interest rate environment means that many borrowers may need to restructure their balance sheet. In the lead up to those discussions, there will likely be activity around forbearance agreements or amendments.

Oct 21, 2024 | law360.com | David Hillman |Steve Ma

By David Hillman and Steve Ma ( October 21, 2024, 3:03 PM EDT) -- After nearly a decade of historically low interest rates, many borrowers will now have to grapple with near-term maturities between 2025 and 2028 on approximately $4.9 trillion of corporate debt.[1]... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.

Oct 15, 2024 | jdsupra.com | Charles Dale |David Hillman |Matthew Levy

One common denominator links nearly all stressed businesses: tight liquidity. After the liquidity hole is identified and sized, the discussion inevitably turns to the question of who will fund the necessary capital to extend the liquidity runway. For a PE-backed business where there is a credible path to recovery, a sponsor, due to its existing equity stake, is often willing to inject additional capital into an underperforming portfolio company.

Oct 1, 2024 | mondaq.com | David Hillman |Steve Ma

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