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Tech, Media & Telecom

+3

Core Scientific: The $9 Billion AI Comeback Story
LockSimple

Sep 12, 2025

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31 min read

Core Scientific: The $9 Billion AI Comeback Story

How one of America’s largest bitcoin miners reinvented itself through Chapter 11

Technical Lesson

Cross-Class Cram-Down, a US and UK Primer
LockSimple

Sep 5, 2025

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11 min read

Cross-Class Cram-Down, a US and UK Primer

The world’s two principal Cross-Class Cram-Down restructuring tools, broken down and simplified

Consumer & Retail

+3

Bed Bath & Bankrupt

Aug 29, 2025

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31 min read

Bed Bath & Bankrupt

How a failed private-label strategy, aggressive financial engineering, and eroded stakeholder confidence led to Bed Bath & Beyond Inc.’s liquidation

Technical Lesson

ABL-Induced Distress: When Minor Headwinds Turn Into Serious Issues

Aug 22, 2025

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24 min read

ABL-Induced Distress: When Minor Headwinds Turn Into Serious Issues

From retailers to manufacturers, ABL can unlock capital, or trigger a downward spiral

Tech, Media & Telecom

+3

One Identity, Five Tranches: The Quest Software LME

Aug 15, 2025

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34 min read

One Identity, Five Tranches: The Quest Software LME

How cooperation agreements, extensive pre-process, and voluntary subordination are shaping the next phase of sponsor-backed LMEs

Consumer & Retail

+3

Bird Global: From VC Unicorn to Chapter 11

Aug 8, 2025

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24 min read

Bird Global: From VC Unicorn to Chapter 11

What began as the fastest unicorn in VC history ended with a bankruptcy filing, a 97% shareholder wipeout, and Apollo walking away with the keys

Industrials

+2

(G)rounded, (O)verleveraged, and (L)anding in Chapter 11: GOL Restructuring Deep Dive

Aug 1, 2025

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11 min read

(G)rounded, (O)verleveraged, and (L)anding in Chapter 11: GOL Restructuring Deep Dive

Low-cost carrier business models, the Boeing 737 MAX crisis, and a fascinating case of FX volatility-related airline bankruptcy

Industrials

+3

American Tire Distributors, In-Court LME

Jul 25, 2025

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10 min read

American Tire Distributors, In-Court LME

How ATD’s bankruptcy reshaped DIP financing and signaled a shift toward intra-class conflict in Chapter 11

Technical Lesson

+3

A ‘New Look’ at fairness: Company Voluntary Arrangement Primer

Jul 18, 2025

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4 min read

A ‘New Look’ at fairness: Company Voluntary Arrangement Primer

An overview of an English restructuring tool and a comparative discussion on fairness in restructuring

Tech, Media & Telecom

+4

Global Eagle Restructuring: Lessons From a Satellite-Internet SPAC Rollup

Jul 11, 2025

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27 min read

Global Eagle Restructuring: Lessons From a Satellite-Internet SPAC Rollup

A cautionary tale in leverage, capital structure, and rescue financing gone wrong

Consumer & Retail

+2

Saks Global Restructuring, A Thrilling 2025 Saga

Jul 8, 2025

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2 min read

Saks Global Restructuring, A Thrilling 2025 Saga

An analysis of Saks Global’s vendor payment delays, loose bond indentures, and coercive uptier exchange transaction

Tech, Media & Telecom

+3

Caught Offside, an Inter-Oaktree Loan Case Study

Jul 3, 2025

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5 min read

Caught Offside, an Inter-Oaktree Loan Case Study

A comprehensive overview of soccer in distress, plus a note on Manchester United’s covenants

Deep Dives

+2

Eye Care Leaders Chapter 11 Deep Dive
LockSimple

Jun 27, 2025

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7 min read

Eye Care Leaders Chapter 11 Deep Dive

How insurance fraud dragged an unconventional software rollup into Chapter 11

Technical Lesson

+1

Disqualified Lender List Primer and Clearlake’s Blacklist

Jun 20, 2025

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8 min read

Disqualified Lender List Primer and Clearlake’s Blacklist

Overview, Legal Foundations, Mechanics, Challenges and Applications in Liability Management

Consumer & Retail

+2

Tupperware Chapter 11 Deep Dive

Jun 13, 2025

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11 min read

Tupperware Chapter 11 Deep Dive

A closer look at Tupperware’s direct-selling model, traditional out-of-court restructurings, and ultimate acquisition by secured lenders

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