Latest
Week of 1 September 2026
DIP facility
3.07 : 1
Rolled-up debt per dollar of new money, at the caps
Oaktree and the QIA commit nineteen million, and roll up fifty-eight
Teva is the stalking horse at $57.5m cash, plus up to $87.5m of milestones and the assumed liabilities. The lender commits up to nineteen and rolls up fifty-eight.
Read the 8-K →
Out of court
$0
Cash reaching the estate
Twinlab's brands go to cbdMD for $3,979,805, and the estate sees none of it
A Florida Chapter 727 assignment, eleven days from assignment to signed deal. No 363, no committee, no cash: $1,750,000 of assumed debt plus 19.9% of the buyer's stock, payable to the secured lender.
Read the 8-K →
Europe desk
70 : 1
Liquidations per safeguard opened
France opened four safeguards and 280 liquidations in a single day
We classify every notice on the court's own judgment field. If you underwrite French credit on a going-concern recovery, your base case is the exception.
See the register →
What lands at 06:30
- Overnight
- New filings, with the case number and the venue.
- The structure
- One deal taken apart. Cap structure, creditors, likely outcome.
- Europe desk
- Schemes, StaRUG, WHOA, sauvegarde. Always with a number.
- Screen
- One table nobody else publishes.
- The take
- Opinion, marked as opinion.