Hints and tips:
...More problematically, Blackstone’s credit arm was owed €230mn by a company now in liquidation....
...“The valuations of BXPE’s assets may differ from liquidation values that could be realised in the event that BXPE were forced to sell assets,” its prospectus warns. Blackstone declined to comment....
...“The valuations of BXPE’s assets may differ from liquidation values that could be realised in the event that BXPE were forced to sell assets,” the BXPE prospectus warns....
...“The valuations of BXPE’s assets may differ from liquidation values that could be realised in the event that BXPE were forced to sell assets,” its prospectus warns....
...“[W]ithout the releases, there is no settlement, the debtors likely would be forced into a Chapter 7 liquidation, and unsecured creditors would probably recover nothing from the debtors’ estates,” Purdue...
...Blackstone’s arrangement to fund the law firm is part of a wider investigation led by a unit of Teneo, the advisory firm, which was appointed by the courts to handle Fintyre’s liquidation....
...The Blackstone-owned fund is also the most likely buyer of the assets in liquidation, of course, and has set just set a low valuation benchmark....
...The unit, now called Atlas SP, lent US regional bank PacWest $1.4bn in March and accepted some of the lender’s asset-backed securities as collateral....
...FRP Advisory was appointed administrator in April last year and the retailer was put into liquidation at the start of 2021....
...Late in April, BBBY filed for bankruptcy protection amid cratering revenue and is on the verge of an ugly liquidation that will cost jobs and burn company shareholders and many creditors....
...Blackstone has been able to avoid widespread liquidation of its assets. However, it sold two casinos in Las Vegas and raised $4.5bn in new investment from the University of California endowment....
...Rather, the key figure at the time was the “liquidation preference” on the preferred stock of 1.8 times....
...Fundsmith Emerging Equities Trust plans to place itself in voluntary liquidation, sell off its portfolio and return the cash to investors, subject to shareholder approval, the investment trust said on Wednesday...
...clients (Reuters) Hong Kong elite descends on Tokyo for bargain property buys (FT) Ben & Jerry’s sales to continue in Israel after Unilever sells licence (FT) Crypto hedge fund Three Arrows falls into liquidation...
...The announcement, made days before Tiger notified LPs of its fundraising push, said that Curtius would stay for a months-long transition....
...Hell, Johnson told himself, the guy could live well off the liquidation value of his living room....
...“What happens if they get retail liquidations? Governments and central banks have got to support confidence or they will get liquidations. You could have very negative feedback loops.”...
...There will be enormous social pressure to recapitalise businesses, forestalling liquidations and saving jobs....
...Retail has had a number of large restructurings recently: Sears filed for Chapter 11 bankruptcy last year and Toys R Us collapsed into liquidation....
...LPs in these funds have given their initial approval, the people said. The Cayman Islands court overseeing the liquidation process also must approve the deals....
...It filed for provisional liquidation in the Cayman Islands in June to protect itself from creditor claims. The company, which was founded by Arif Naqvi in 2002, has denied any wrongdoing....
...The upcoming 'summer of decorrelation' may then continue as the 'autumn of liquidation'....
...The ugly liquidation of the toy retailer may see 30,000 ordinary workers lose their jobs without severance pay....
...The threat of liquidation under the new law is beginning to prompt banks to move more quickly on such cases, according to investors....
...“ADFG will want to talk to LPs,” the person aware of the bid said....
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