Debt Management - Seeds of bad debt can yield a rich harvest
Seeds of bad debt can yield a rich harvest
Daily Telegraph - Some private equity firms are taking advantage of the climate to snap up debt that is trading at massively sub-par levels - either in their own portfolio companies or in others. Oaktree Capital Management, the US private equity house with $51bn
Allco sell-off for debts
News.com.au - which has been hammered by a global credit crunch and equity market volatility, will sell off some assets to pay down debt Allco said today it had agreed with its partner in the deal, Industry Funds Management, to dispose of its interest in the power
Natchez Regional facing drastic changes
Natchez Democrat - NATCHEZ Natchez Regional Medical Center faces massive debt and an uncertain future, but hospital board attorney Walter by the county, but administered by a board of trustees, members of which are appointed by the county supervisors. Management
Lawrence Salander Seeks Job to Help His Bankrupt N.Y. Gallery
Bloomberg - Last week, the committee of the gallery’s unsecured creditors proposed hiring, instead of Salander, New York-based Bridge Associates LLC, “a leading turnaround, crisis and interim management firm,'’ according to its Web site.
UPDATE 3-Westfield H2 profit rises, sees U.S. malls holding up
Forbes - The market was once again reminded of Westfield’s superior capital and asset management skills,” said Andrew Parsons, managing percent against a 26 percent fall in the sector since Centro Properties Group revealed it was struggling to refinance debt