Articles
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2 months ago |
ionanalytics.com | Taylor Harrison |Ben Miller
Electric vehicle manufacturer Nikola Corporation today (20 February) obtained approval of several typical operational motions at its first day hearing, and the company’s bankruptcy judge also signed off on shortened notice for the bid procedures motion.
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Jan 14, 2025 |
ionanalytics.com | Taylor Harrison |Paul Gunther |Seth Crystall |Rahul Dhapare
Prospect Medical Holdings, a healthcare services provider that owns several hospitals, has entered bankruptcy protection to pursue selling off its assets, armed with two debtor-in-possession (DIP) financing facilities. Of the two DIP facilities, one is an ABL loan from prepetition lender eCapital Healthcare Corp, which includes both USD 90m in new money and a “creeping” dollar-for-dollar roll-up of prepetition debt.
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Nov 18, 2024 |
ionanalytics.com | Taylor Harrison |Sara M. Tapinekis |Seth Crystall |Roshan Mehta
News (Intelligence) In addition to the RSA that outlines treatment for a reorganization plan, the bondholders are providing USD 300m in debtor-in-possession (DIP) financing to fund the Chapter 11 case. Judge Sean Lane of the US Bankruptcy Court for the Southern District of New York is overseeing the case and has scheduled a first day hearing for today at 4pm ET.
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Aug 15, 2024 |
craftwine.org | Taylor Harrison
California’s beverage alcohol industry, known for its diverse array of small, independent producers, is facing a potential challenge from a new piece of legislation. Assembly Bill 2863, currently making its way through the California Senate, aims to protect consumers from predatory subscription practices. While well-intentioned, this bill could have unintended consequences for small beverage alcohol producers and their loyal customers.
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Aug 15, 2024 |
craftwine.org | Taylor Harrison
Legislative measures across the nation may impact the craft beverage industry, either positively or negatively. Here are some of the bills the Craft Wine Association is tracking related to direct shipping regulations for craft distillers, wineries, and breweries across key states. California (AB2863): This bill amends laws on automatic renewals and continuous service offers.
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Debtwire's court team is hiring! Please contact me with any interest in a reporter position. https://t.co/f6o5ERpbjX
Check out my story on Purdue Pharma's Supreme Court ruling. They rejected the nonconsensual third-party releases for the Sacklers. https://t.co/RHPngxkhY1
RT @bringsjohn: RUDOLPH FILES CHAPTER 11 JUST BEFORE CHRISTMAS https://t.co/Zk7iWRWjnR