Hong Kong property barons’ perpetual debt too good to be true?
Investors can no longer take Hong Kong developers' debts for granted.
Siobhan HodsonOctober 31, 2023
Make Wholes and More: Third Circuit Considers Hertz
Introductory Note On May 2, 2023, we issued a note entitled Make-Wholes in Bankruptcy: A General…
Siobhan HodsonOctober 27, 2023
U.S. Insight: Amneal Pins TL Extension Effort on Enhanced Collateral Package
Amneal Pharmaceuticals’ proposed $2.544 billion term loan extension hinges on a novel approach giving extending…
Siobhan HodsonOctober 27, 2023
Up-Tiering Liquidity Management Transactions, Recoveries and Broader Context: A Thought Experiment
Securing “Serta” protections—which fortify affected lenders’ voting rights—has become a focus for lenders over the…
Siobhan HodsonOctober 19, 2023
China’s Country Garden succumbs to debt crisis after sales plunge
Chinese property giant Country Garden failed to make an international debt payment and warned that…
Siobhan HodsonOctober 17, 2023
Country Garden says it can’t meet all offshore debt payments, setting stage for revamp
Country Garden could be the next company to join a growing list of Chinese developers…
Siobhan HodsonOctober 17, 2023
Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices
Sunac China Holdings is a step closer to resolving its debt crisis.
Siobhan HodsonOctober 17, 2023
Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat
Is Elon Musk looking to buy back X's debt at a steep discount?
Siobhan HodsonOctober 17, 2023
Tycoon Agarwal’s plan to overhaul Vedanta gets cautious shareholder welcome
Shares of Anil Agarwal's Vendanta Ltd. rose after the tycoon announced an overhaul of his…
Siobhan HodsonOctober 17, 2023
China Evergrande shares jump as trade resumes
China Evergrande Group's shares rose sharply as trading in the beleagured property developer resumed.
Siobhan HodsonOctober 17, 2023