One of the most bitter feuds in distressed-debt investing, between billionaire Patrick Drahi and some of the world’s biggest ...

About a quarter of companies that go through a distressed exchange event end up in so-called “hard defaults” such as bankruptcy or a missed payment, according to a Moody’s Analytics report.

In finance, navigating the terrain of distressed debt requires a keen understanding of its opportunities and risks. For financial institutions, investors, and legal advisors alike, delving into ...

Hires that Gibson Dunn and Willkie Farr & Gallagher announced Monday show how competition for lawyers who can advise on out-of-court distressed debt situations has skyrocketed.

Deer Park Road Management is placing distressed commercial debt in its headlights. The Colorado-based hedge fund launched a commercial mortgages fund targeting office-backed debt, Bloomberg reported.

Distressed commercial real estate debt climbed to a 10-year high last quarter. Total distressed debt hit $80 billion, though there are $216 billion of potentially distressed properties. There's around ...

In a world brimming with risk takers, some of the market’s biggest gamblers are taking their chips off the table. While receding fears of a global trade war and recession power rallies in everything ...

A distressed-debt rally driving gains in high-yield funds still has room to run in countries as diverse as Argentina and Ukraine, according to the hedge fund with the one of the best performances in ...

A high-stakes battle unfolding in commercial real estate involves big Wall Street players and Elon Musk — and it’s not about his tweets. That debt is held by Goldman Sachs, CitiBank and Deutsche Bank, ...

When Centerbridge Partners, a New York–based private equity and distressed-debt investor, gained the right this spring to sponsor the reorganization of bankrupt Extended Stay Hotels, it was more than ...

Foreclosure is an out-of-court restructuring tool rooted in state law, more specifically Article 9 of the Uniform Commercial Code (UCC), that allows secured creditors to enforce their rights against ...

As the economic cycle progresses, the prospect of the next downturn – and the likely rise in financial stress – looms larger in institutional investors’ minds, making now the time for pension funds to ...