AlixPartners Receives TMA ‘Turnaround of the Year’ Award

AlixPartners received the TMA’s “Turnaround of the Year: Large Company” award for its work on behalf of Nebraska Book Company. The AlixPartners team was led by Alan Holtz and Robb McWilliams. The company will receive its award at the TMA Annual Conference in October.

U.S. ABL Facilities Demonstrate Full Recovery in Bankruptcy

According to a new Fitch Ratings report, U.S. asset-based lending (ABL) facilities present in a defaulted issuer’s capital structure demonstrated complete recoveries in a bankruptcy scenario.