
Articles
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1 month ago |
ionanalytics.com | Sara M. Tapinekis |Kennedy Rose |Ben Miller
To mark International Women’s Day, the women of ION Analytics, including reporters and analysts at Debtwire, MergerMarket, Dealreporter, Cybersecurity Law Report, Hedge Fund Law Report, and Anti-Corruption Report have interviewed outstanding women in their respective jurisdictions and fields. It is our honor to highlight these women and their accomplishments and contributions to their industries and share some of their insights and perspectives.
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2 months ago |
ionanalytics.com | Kennedy Rose |Ben Miller
Note indenture trustee Wells Fargo Bank filed a response opposing Hertz Corp’s application seeking a further extension of time to file a petition for writ of certiorari with the US Supreme Court. The writ of certiorari would request a review of a decision from the US Court of Appeals for the Third Circuit that sided with Wells Fargo.
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Dec 2, 2024 |
ionanalytics.com | Kennedy Rose |Sara M. Tapinekis |Roshan Mehta |Seth Crystall
News (Intelligence) Beverage company Stoli Group (USA) LLC (Stoli USA) filed for Chapter 11 in freefall last week as the debtors faced declining demand for spirits, inflationary pressures, a data breach and a ransomware attack, as well as a dispute with lender Fifth Third Bank, National Association.
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Oct 30, 2024 |
ionanalytics.com | Kennedy Rose |Ben Miller
News (Intelligence) The bankruptcy judge presiding over Exactech Inc’s Chapter 11 cases granted interim access to USD 85m of debtor-in-possession (DIP) financing provided by an ad hoc group of first lien lenders and other first day motions during a hearing today (30 October).
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Oct 10, 2024 |
ionanalytics.com | Kennedy Rose |Sara M. Tapinekis |Rahul Dhapare |Seth Crystall
Wheel manufacturer Accuride Corporation filed for Chapter 11 bankruptcy protection yesterday (9 October) backed by USD 103m in debtor-in-possession (DIP) financing. The DIP financing comes from an ad hoc group of the debtors’ first lien term loan lenders, and the ad hoc group and prepetition ABL lenders provided access to cash collateral, according to a declaration of Charles Moore, the debtors’ chief restructuring officer. Accuride has not yet filed a DIP motion or scheduled a first day hearing.
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