Ares Provides $100MM in New Equity Capital as Hornbeck Emerges From Chapter 11
Hornbeck Offshore Services emerged from Chapter 11. As part of its plan of reorganization, Hornbeck also closed on its common...
Forward for Specialty Finance
Kintzing Joins WSFS as SVP, Senior Relationship Manager for Commercial Banking
Scott H. Kintzing joined WSFS Bank as senior vice president and senior relationship manager for commercial banking. Kintzing joined WSFS...
Tiger Group to Sell Surplus Assets for Aprinta Group
Tiger Group will begin accepting bids on Sept. 15 for an online auction of Aprinta Group’s surplus assets, including equipment...
Where Money Moves Like Molasses: Lending to The Advertising Media Space
Global spending on advertising in 2020 is forecast to exceed $700 billion. Bernard Urban investigates the complexities of lending to...
Broken Leveraged Loans: The Coming Feast For Asset-Based Lenders
Institutional investors, under pressure to deploy funds, have resorted to taking on even more risk. Hugh Larratt-Smith examines the proliferation...
Collateral Description By Reference
Jeffrey Wurst examines two standards of the UCC for collateral description. He explains why lenders must exercise caution when intending...
Investor Pre-Funding Rights In Subscription Credit Facilities
Lenders and funds continue to explore innovative ways to include a wider pool of investors in the borrowing base. But...
Looking Back On A Career In Bankruptcy: Q&A With The Honorable Kevin Gross
After serving the U.S. Bankruptcy Court for 14 years, The Honorable Kevin Gross is retiring. In a Q&A with ABF...
Multiple Choice Test: Make-Whole Claims in Bankruptcy Are (A) Enforceable, (B) Not Enforceable, (C) Maybe Enforceable
Conflicting decisions by the 2nd, 3rd and 5th Circuit courts have created confusion over the status of make-whole claims in...
Bankruptcy Update
While Chapter 11 filings in 2019 were about half of the peak reached in 2005, there were significant filings by...
