Bankruptcy & Restructuring News & Analysis

Two months after a decline in solar financing pushed one of the nation's largest residential solar installers into Chapter 11, the debtors have asked the Delaware court to approve a compressed, dual-path sale process. No stalking horse has been selected as of the filing date

A Delaware bankruptcy court enforces a Section 363 sale after a contract counterparty argued that the debtor holding nearly all of the sold receivables was never a seller at all

An expedited asset sale anchored by a $415 million stalking horse bid, financed by a self-priming lender DIP, drawn against $672.5 million in secured debt, with a same-day objection from the U.S. Trustee already on the docket

A carve-out that opened with no cash and largely unsalable inventory entered a lender-controlled liquidation sixteen months later. This report traces how the structure of the transaction relates to the bankruptcy, and where the filings indicate recoveries are most likely to come from

A lender-led change of control converts the funded debt of a former $6.6 billion public company into takeback paper and equity, winding the business down to collect a long-tail commission book on a timeline measured against the Medicare enrollment calendar