BurgerFi Restructuring: From Better Burgers to Bankruptcy
An ill-timed acquisition and premium positioning in a post-pandemic consumer landscape that pushed BurgerFi into bankruptcy, and a textbook loan-to-own strategy to save the company.
A case study in how opaque private credit markets can distort risk, delay recognition of impairment, and mislead investors to the real credit quality of their portfolios
Talen’s financial distress, the key legal and financial maneuvers used during its restructuring, and the broader implications of its remarkable turnaround
"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here"
