Archive

Consumer & Retail

City Brewing: A Hard Seltzer LME Hangover

Dec 19, 2025

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19 min read

City Brewing: A Hard Seltzer LME Hangover

How White Claw’s co-manufacturer was forced into back-to-back LMEs

Deep Dives

YesCare (Corizon Health): Texas Two-Step Case Study

Dec 12, 2025

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16 min read

YesCare (Corizon Health): Texas Two-Step Case Study

Substandard medical care, mass tort claims, and a Texas Two-Step case study.

Consumer & Retail

Rough Justice Resolution: Weight Watchers Prepackaged Chapter 11

Dec 5, 2025

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25 min read

Rough Justice Resolution: Weight Watchers Prepackaged Chapter 11

How impaired creditors may have marked a pragmatic alternative in bankruptcy

Deep Dives

Nov 28, 2025

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25 min read

Intrum, a Transatlantic Turnaround

How a European Debt Collector Executed a Texas Prepack

Consumer & Retail

Washington Prime Group: From Tenant Churn to Balance-Sheet Failure

Nov 21, 2025

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21 min read

Washington Prime Group: From Tenant Churn to Balance-Sheet Failure

How a combination of secular headwinds and COVID-induced macroeconomic shock drove one of the largest U.S. operators of shopping malls into Chapter 11

Tech, Media & Telecom

Audacy Deep Dive, From Radio Pioneer to an Impaired DIP

Nov 14, 2025

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18 min read

Audacy Deep Dive, From Radio Pioneer to an Impaired DIP

A breakdown of the mechanics that turned a short-term DIP into a high-upside equity play

Industrials

A Sharp Turn: Oregon Tool’s Post-Serta LME

Nov 7, 2025

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17 min read

A Sharp Turn: Oregon Tool’s Post-Serta LME

How Platinum Equity’s Oregon Tool took the new “extend-and-exchange” one step further

Tech, Media & Telecom

Silicon Carbide’s Champion Stumbles: Wolfspeed’s Path to Bankruptcy

Oct 31, 2025

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31 min read

Silicon Carbide’s Champion Stumbles: Wolfspeed’s Path to Bankruptcy

How an expected beneficiary of the semiconductor boom collapsed from its largest bet on silicon carbide

Industrials

Beyond the Balance Sheet: Factoring Facility Primer + First Brands Case Study

Oct 24, 2025

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24 min read

Beyond the Balance Sheet: Factoring Facility Primer + First Brands Case Study

Inside the growing use of receivables factoring, and how First Brands’ collapse is testing it

KKR

Oct 17, 2025

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27 min read

Thames Water Part 3, The Last Drops?

A debt-ridden utility caught up between hedge funds fighting for scraps, all while the public watches on

Deep Dives

Oct 14, 2025

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19 min read

Thames Water Part 2, Sink or Swim?

The years that pushed Britain’s biggest utility to an all out national crisis

Deep Dives

Thames Water Part 1, How the Tap Ran Dry

Oct 10, 2025

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28 min read

Thames Water Part 1, How the Tap Ran Dry

From a privatization dream to a public liability nightmare, an in-depth analysis of the utility giant’s unravelling

Consumer & Retail

The Container Store’s Prepack Chapter 11: From Organization to Reorganization

Oct 3, 2025

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17 min read

The Container Store’s Prepack Chapter 11: From Organization to Reorganization

A commoditized product set and intense e-commerce competition that ultimately pushed The Container Store into bankruptcy, and a prepack to extend looming maturities

Deep Dives

Better Health: Liability Management’s Post-Serta Prototype

Sep 26, 2025

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17 min read

Better Health: Liability Management’s Post-Serta Prototype

How a physician rollup became the first test of the “Extend-and-Exchange” LME

Deep Dives

Bausch Health: A Restructuring Story Still Unfolding

Sep 19, 2025

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25 min read

Bausch Health: A Restructuring Story Still Unfolding

How the Pharmaceutical Enron restructuring solved the near-term debt wall, but the endgame is still uncertain

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City Brewing: A Hard Seltzer LME Hangover

YesCare (Corizon Health): Texas Two-Step Case Study

Rough Justice Resolution: Weight Watchers Prepackaged Chapter 11

Intrum, a Transatlantic Turnaround

Washington Prime Group: From Tenant Churn to Balance-Sheet Failure

Audacy Deep Dive, From Radio Pioneer to an Impaired DIP

A Sharp Turn: Oregon Tool’s Post-Serta LME

Silicon Carbide’s Champion Stumbles: Wolfspeed’s Path to Bankruptcy

Beyond the Balance Sheet: Factoring Facility Primer + First Brands Case Study

Thames Water Part 3, The Last Drops?

Thames Water Part 2, Sink or Swim?

Thames Water Part 1, How the Tap Ran Dry

The Container Store’s Prepack Chapter 11: From Organization to Reorganization

Better Health: Liability Management’s Post-Serta Prototype

Bausch Health: A Restructuring Story Still Unfolding

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