An involuntary bankruptcy against Mexico’s TV Azteca has been dismissed, with a bankruptcy-court judge saying that the multimedia conglomerate and its bondholders are involved in a dispute that must play out in U.S. district court.
The company expects to distribute more liquid crypto to customers under the revised plan.
Invictus Global Management lost control of its flagship fund after top investors ousted it for business tactics they considered too aggressive, according to people familiar with the matter.
Timber Pharmaceuticals filed for chapter 11 bankruptcy protection on a day when LEO Pharma terminated a merger agreement that didn’t receive a sufficient stockholder vote.
NEWSLETTERS
data
Biggest gainers and losers among high-yield bonds and widely-quoted syndicated loans.
High-Yield Bonds
| BOND | %Â CHANGE |
|---|---|
| Longfor Group Holdings Limited 4.5% due 01/16/28 | 9.769% |
| Wanda Properties International Co. Limited 7.25% due 01/29/24 | -16.347% |
Leveraged Loans
| LOAN | %Â CHANGE |
|---|---|
| New Trojan/Careismatic 1/21 Cov-Lite TL | 15.16% |
| Xplornet 10/21 2nd Lien Cov-Lite TL | -9.52% |
Source: S&P Global Market IntelligenceFULL TABLEÂ
Filings & Retentions
This is a summary of a request from Official Committee of Unsecured Creditors of SmileDirectClub to hire Paul Hastings as counsel, filed Nov. 15 with the U.S. Bankruptcy Court in Houston.
A list of some new chapter 11 bankruptcy filings made during the last week.
This is a summary of a request from The Official Committee of Unsecured Creditors of Benitago to hire Dechert as lead counsel, filed Oct. 27 with the U.S. Bankruptcy Court in New York.
This is a summary of a request from The Official Committee of Unsecured Creditors of Soft Surroundings to hire Kelley Drye & Warren as lead counsel, filed Oct. 13 with the U.S. Bankruptcy Court in Houston.
A list of some new chapter 11 bankruptcy filings made during the last week.