Entries tagged "Lyondell Chemical"
At the TMA/The Deal's Distressed Investing Conference, Ed Weisfelner of Brown Rudnick spoke about how credit default swaps are affecting bankrupt Lyondell Chemical Co.'s restructuring.
With all the talk of scrambling banks, out-of-luck debtors and barren credit markets, one would think that a company securing even $100 million in debtor-in-possession financing should consider itself lucky. And yet for Lyondell Chemical Co., that $100 million was just icing on the cake....
