Restructuring
XFL Kicks Off Plan for Summer Sale
By David Elman
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Published: May 5th, 2020
Parent Alpha Entertainment looks to set a July 6 bid deadline ahead of a July 8 auction for the football league's assets.
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Restructuring
Covid-19 Adds to Restaurant Industry Woes
By Kirk O’Neil
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Published: April 23rd, 2020
The effects of the novel coronavirus on the restaurant industry could lead to 15% of all restaurants closing permanently.
Restructuring
XFL Joins AFL, AAF in Bankruptcy
By David Elman
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Published: April 14th, 2020
Vince McMahon's football league seeks court protection to sell its assets days after suspending operations.
Private Equity
Chuck E. Cheese Forms Restructuring Committee
By David Elman
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Published: April 13th, 2020
The Apollo Global-backed restaurant company names former Milbank restructuring attorney Paul Aronzon to head the committee as it deals with fallout from the Covid-19 pandemic.
Restructuring
USA Rugby Files for Bankruptcy
By David Elman
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Published: April 3rd, 2020
A halt in competition is the final blow to the national governing body for the contact sport.
Restructuring
Companies Draw Down on Revolvers While They Can
By David Elman
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Published: March 25th, 2020
Companies in multiple sectors draw down on their revolving credit facilities to add cash to their balance sheets.
Private Equity
Tri-Point to Liquidate After Bidder Walks Away
By David Elman
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Published: March 19th, 2020
The First Reserve-backed oilfield services company files for Chapter 11 to wind down after market conditions lead a bidder to cease due diligence.
Restructuring
Ch. 11 Filings to Increase With Fade of Extend and Pretend
By Kirk O’Neil
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Published: February 5th, 2020
Bankruptcy attorneys and advisers predict an increase in petitions this year as the energy, retail and healthcare sectors struggle while lenders are more open to foreclose on assets.
Restructuring
Women in Restructuring: Finding a Home in Boutiques
By Stephanie Gleason
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Published: January 14th, 2020
The ranks of women in restructuring have grown only a little in the past decade, but many are finding homes at boutique firms.
