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News & Analysis

Sleep Number and the Non-Insider Line →

A published Southern District of New York decision approves $1.825 million in retention awards to 38 employees over the objection of the United States Trustee, and sets out how the...

Alkegen’s Prepackaged Chapter 11: When the Liability Management Bridge Runs Out →

A refinancing bought Alkegen maturity runway and a PIK toggle. Twenty-two months later, the company filed a prepackaged case to eliminate $3.1 billion of funded obligations on a 45-day timeline.

FreshRealm: A Liquidating Plan Funded by the Customer That Left →

A meal kit manufacturer lost 90 percent of its revenue to five incidents, then converted the resulting contract fight into the primary source of cash in its Chapter 11 plan

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