This content is from: Culture Is the McKinsey-Jay Alix Battle Finally Over? A judge approved McKinsey’s withdrawal from the Westmoreland Coal bankruptcy — but Alix vowed to “keep a close eye” on the firm. By Michelle Celarier December 23, 2020
This content is from: Premium The Lowdown on Highland’s Bankruptcy It’s unusual for hedge funds to file for bankruptcy — but it’s not unprecedented. By Richard Teitelbaum October 18, 2019
This content is from: Portfolio Want to Avoid Portfolio Company Bankruptcies? Buy Secondhand. The risk of financial distress falls when private equity firms sell assets to each other, versus primary buyouts. By Alicia McElhaney January 15, 2020
This content is from: Culture Marble Ridge Founder Dan Kamensky Arrested and Charged With Fraud The U.S. Department of Justice accused the former Paulson & Co. partner of fraud and other charges in connection with the Neiman Marcus bankruptcy proceedings. By Amanda Cantrell September 03, 2020
This content is from: Premium Will McKinsey Finally Have to Reveal More Hedge Fund Connections? A new U.S. Trustee memo on disclosure says third party investments should be disclosed by potential bankruptcy advisors. By Michelle Celarier December 10, 2019
This content is from: Portfolio Apollo-Backed EP Energy Files for Bankruptcy After Struggling Under Buyout Debt The Apollo-led investment group that acquired the oil company in 2012 recouped a portion of their cash soon after the buyout. By Christine Idzelis October 04, 2019
