As we pass the halfway point of 2019, our industry still ponders where we are in the current economic cycle and if signs of change are finally on the horizon. Default rates remain low, and capital is still abundant in most sectors. Interest rates have plateaued, and the Federal Reserve has already...
The U.S. opioid crisis and the avalanche of lawsuits it has produced may lead numerous pharmaceutical companies to seek bankruptcy relief, perhaps rivaling the asbestos bankruptcies of the late 1990s and early 2000s. New legal actions are being filed against pharmaceutical manufacturers and...
Occasionally, massive tort liability can be the sole reason a company files for Chapter 11 protection. See In re Johns Manville Corp., 982 F. 2d 721 (2d Cir. 1992): In re A.H. Robins Co., 862 F. 2d 1092 (4 th Cir. 1988); In re Dow Corning Corp., 211 B.R. 545 (Bankr. E.D. Mich. 1997). This was the...
The municipal bond market and the marijuana industry recently had something in common: ambiguity or, really, the lack thereof. Two recent decisions, one in the 1st Circuit and one in the 9th Circuit, turned on the courts’ findings that the relevant statutes involved were unambiguous. The Oxford...
Defending class-action litigation, meritorious or otherwise, is an unfortunate reality for many large corporations. Often, litigation of this sort can precipitate a bankruptcy filing; other times, an unrelated bankruptcy filing and the attendant publicity can bring previously dormant class claims...
Since the college admissions scandal broke in March, it has been nearly impossible to avoid headlines about celebrities and top universities caught up in this tangled web of bribery and deceit. The master puppeteer in this saga, William Singer, has been in the college counseling industry for close...
Q: How did you gravitate into turnaround and restructuring work? FILKOFF: I started my career at KPMG. I was there for 12 years and spent the first nine years auditing mostly privately held businesses in the manufacturing, retail, and distribution industries. That gave me good experience across...
Welcome to TMA Talks , a regular series of podcasts hosted by TMA Global CEO Scott Y. Stuart, Esq . Each segment features prominent TMA members, industry experts, and other special guests. These exchanges, edited transcripts of which are printed in the JCR , offer insights into key markets, forward...
David Fischer and Nick McDearis have joined Monroe Capital as managing directors. Based in the firm’s Atlanta office, they co-lead the firm’s relationship sourcing and origination of new business opportunities within the Southeast region. Fischer and McDearis were both previously with AloStar...
Atlanta Christy Roper, Conway MacKenzie Inc. James Schroeder, North View Investment Banking Group California - Northern Todd J. Dressel, McGuireWoods LLP California - Southern Andrew D. Wagner, Development Specialists Inc. Carolinas Joseph Esteves, Maine Pointe Chicago/Midwest Paul J. Count, Briar...
