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
How To Read A Credit Doc & Structural and Legal Considerations
A litigation-riddled company, challenges in healthcare regulations, and the fascinating dynamic of insider structures within a Chapter 11 bankruptcy.
Talen’s financial distress, the key legal and financial maneuvers used during its restructuring, and the broader implications of its remarkable turnaround