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THE DAILY DEAL DEBUTS BANKRUPTCY THURSDAY SECTIONNew weekly feature anchored by authoritative reporting, analysis and charts Bankruptcy Thursday joins Merger Monday as the second weekly section in The Daily Deal. By the end of 2001, The Daily Deal will roll out three more weekly sections: Corporate Dealmaker Tuesday, Technology Wednesday and Venture Capital/Private Equity Friday. "Bankruptcy and restructuring is part of the deal spectrum-it's on the other end as opposed to startups and IPOs-but it's a vital dealmaking process," said editor in chief Robert Teitelman. "It's obvious that bankruptcies have accelerated over the last year, so we've added people and we've given them resources to thoroughly cover this area." Every week the new section will showcase a feature that delves into the bankruptcy or restructuring arena. The section's inaugural feature, a combined editorial effort of statistics editor Anthony Baldo, and reporters Terry Brennan and Shanon Murray, examines the staggering rise in partner fees for bankruptcy cases over the past decade. In reporting this article, 17 bankruptcy cases in Delaware and Southern New York are specifically cited. Additional information about the cases can be found in the Bankruptcy channel on TheDeal.com. With the debut of Bankruptcy Thursday, two columns become anchor features. "Letter from Delaware" by Murray, provides a roundup and examination of the latest bankruptcy filings and the dealmakers behind them. In the second column, "DIP Dimensions," reporter Jonathan Berke looks at who is providing debtor-in-possession funds-the money that allows Chapter 11 companies to continue operating. The Daily Deal is the first media outlet to provide in-depth coverage into this increasingly attractive bailout strategy for dealmakers. The section concludes with the Bankruptcy Calendar, charting activity for the upcoming week, as well as Vulture Watch, which looks at the statistics and numbers that provide a snapshot of the bankruptcy landscape. |
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