What the Pros Say (3/5/17)

• Combined Hearings. This would seem like a mundane technical issue to cover but since it can end up shortening cases and lessening fees, we figured you'd take an interest in it: Cole Schotz's Katherina Earle discusses the increased frequency of the practice.
• Equity Committee. A review of recent equity committee cases by Morrison & Foerster LLP's John Pintarelli, Jordan Wishnew & Rahman Connelly and GLC Advisors & Co's Michael Kizer.
• Marblegate/TIA. In case you haven't gotten your fill, here is more analysis of the Second Circuit opinion, this time from Hunton & Williams LLP's Jason Harbour and Shannon Daily.

What the Pros Say (2/19/17)

• Default Interest. Eric Goodman and Joseph Esmont of Baker & Hostetler LLP chime in on the recent Ninth Circuit decision on the subject.
• Hedge Funds. The Boston Consulting Group discusses the challengesfacing the beleaguered masters of the universe. 
• Marblegate/Trust Indendure Act. An analysis - from a capital markets perspective - from the fine lawyers at Sidley LLP. 
• Roust. Myles MacDonald from Cole Schotz PC summarizes the recent Roust Corp. bankruptcy case, concluding that the speed of it is not "generalizable."

What the Pros Say (2/12/17)

• European Distressed Debt. Orrick and Greenhill & Co. Inc. team up to summarize the state of European distressed debt in 2017.
• Malls. Kenneth Rosen of Lowenstein Sandler LLP discusses the need for malls to diversify given a multitude of challenges to retail. 
• Marblegate/TIA - King & Spalding LLP's Michael Rupe, W. Austin Jowers, Jeffrey Pawlitz, Christopher Boies and Michael Handler offer their thoughts on the recent much-discussed ruling on the Trust Indenture Act. 
• Subordination. Michael Friedman and Leo Gagion of Chapman & Cutler LLP discuss the recent Ninth Circuit decision on subordination. 
• Survey. AlixPartners released its 2017 restructuring experts survey. Read it here. And here is a summary. 

What the Pros Say (2/5/17)

Jones Day LLP is back at it with a barrage of summaries.

• Default Interest. Monika Weiner from Jones Day LLP provides an assessmentof recent case law aligning the Ninth Circuit with the majority view of 1123(d).
• EFIH/Makewhole. A review of the recent decision by Jones Day LLP's Bruce Bennett, Brad Erens, and Scott Greenberg. 
• Lender Liability. A discussion from...wait for it...Jones Day LLP.
• Marblegate. Skadden Arps Slate Meagher & Flom LLP arrives a little late to the party (Thoughts here by Jay Goffman, Mark McDermott, Sarah Pierce and Liz Downing) with Chadbourne as its date (more thoughts here by Marian Baldwin Fuerst and Christy Rivera). 
• Retail. Amir Agam and Christa Hart of FTI Consulting cover the current state of retail.
• Setoff. Charles Whitmann-Todd of, gulp, Jones Day LLP summarizes an important decision relating to the setoff of admin expenses against preferential payments.

What the Pros Say (01/29/17)

• DIP Carveout. Aaron Stulman of Ashby & Geddes summarizes the recent DE opinion indicating that a DIP carveout does not limit a UCC's professional fees post-confirmation.
• EFIH. Still. Talking. About. This. 
• TIA/Marblegate. More commentary on the recent decision by Willkie Farr & Gallagher LLP (unattributed - maybe some bot wrote it?), Latham & Watkins LLP, Katten Muchin Rosenman LLP, Olshan, Dechert LLP, Mayer Brown, Reed Smith, and some different commentary about the decision's affect on European restructurings from Weil. And then there's Milbank, which makes the decision almost entirely about it. 

What the Pros Say (01/22/17)

• Fiduciary Duties. Sharon Levine and Aaron Applebaum of Saul Ewing LLP discuss a recent WD of Texas decision affecting the rights of creditors to attack equityholders/sponsors.
• TIA/Marblegate. Davis Polk & Wardwell LLP provides a client alert on this past week's Second Circuit decision.  TL;DR version: it appears that out-of-court restructurings post-Caesars now have clearer runway. Also commentary from: Paul Weiss, Robins Kaplan LLP, Squire Patton Boggs, Weil, White & Case LLP, Shearman & Sterling LLP, Seyfarth Shaw, the bloggers at Credit Slips, and the ABI's Bill Rochelle.
• UK Bankruptcy. An assessment.