Bankruptcy & Restructuring News & Analysis

Four memorandum opinions, issued together, show why mechanical payments survive a preference attack and why payments touched by creditor pressure do not

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