Hints and tips:
Related Special Reports
...The new owner was originally cloaked by his limited liability company, but Son was revealed to be the buyer a few months after the purchase by the Los Angeles Times....
...Simone Verri will be head of Emea structured credit products, while Jeroen Rombouts will lead Emea investment grade capital markets and risk management, and Jonathan Fine will head global investment grade...
...Liability management is a fancy catch-all term for strategies used by companies and their private equity sponsors to reduce or push out their debt maturities — typically hurting existing investors in the...
...To explain a bit further: Let’s imagine a company with $100 of asset value and $60 in liabilities, which leaves it with an equity value of $40....
...That’s the case even as they start to face pressure to sell some portfolio companies to return capital to their backers....
...Breaches of those provisions, however, are typically capped at a small dollar amount and any liability is typically directed at the company itself....
...Kathaleen McCormick, a Delaware judge, yesterday ruled that the award was improperly approved by the electric-car maker’s board and had short-changed the company’s shareholders....
...London-based PIC has more than 300,000 policyholders amassed through so-called bulk annuity deals, where it takes over pension fund liabilities and the assets backing them from their sponsoring companies...
...Ark said in its Thursday quarterly fund webinar that its December 2025 estimate was a conservative one, and that its capital losses could be sufficient to offset tax liabilities as far out as September 2027...
...The company also raised a $725mn fixed-rate loan with a coupon of 7.63 per cent....
...Apollo has recent history in taking a run at publicly traded UK companies, although it has had limited success in getting deals done....
...In September CVC Capital Partners paid €1bn for infrastructure fund manager DIF Capital Partners, which is of a similar size as Actis....
...The bankruptcy filing said the company was 76 per cent owned by Zhonghai Shengfeng (Beijing) Capital Management, an investment company that as of 2019 was owned by Xie, who died in 2021....
...Waste-management companies like Republic Services also say they see an opportunity for profit....
...Once you do that, limited liability goes out the window, and a creditor has free rein to claim the assets of a firm owned by the debtor....
...The letter asks trustees to stop providing capital through bond purchases to energy companies unless these companies start following through on a credible transition plan....
...These stop-gap solutions amid a slowdown in dealmaking are leading to worries that the industry has drifted too far away from simply improving companies....
...One thing to start: The head of Lazard in Sweden has been charged with aggravated bribery linked to a takeover of a Swiss company by engineering group Atlas Copco....
...The ability to bring institutional investors, retirement systems and insurance companies who have long-dated liabilities or long-dated assets to this market make them ideal partners for the short-dated capital...
...Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group’s bankruptcy...
...Edward Finley of Arrow Wealth Advisory LLC pointed out that from a certain point of view, the question “does private credit, as an asset class, generate excess return” is a sort of category mistake: An...
...Effron and Pruzan also earn a management fee to run the firm....
...Rick Stollmeyer built a software company from his California garage and realised a dream when he took it public in 2015 at a valuation approaching $1bn....
...Another says courts in New York and Delaware districts have a judge or two who can be pedantic in rulings, creating delays that turn into business risks for companies already running out of cash....
...insurance company....
International Edition