Turnarounds & Workouts – December 2023

The December 2023 issue of Turnarounds & Workouts

Latest Reports:

• Restructuring Pros Reflect on 2023
• Schulte Forms Special Situations Group Amid Rise in Out-of-Court Deals

Research Report:

• Who’s Who in Rite Aid Corporation

Research Report:

• Who’s Who in Mallinckrodt plc

Special Report:

• Outstanding Restructuring Lawyers 2023:

RYAN PRESTON DAHL
Ropes & Gray LLP
JAYME GOLDSTEIN
Paul Hastings, LLP
CHRISTOPHER T. GRECO
Kirkland & Ellis LLP
DAVID HAMERMAN
Latham & Watkins LLP
ADAM C. HARRIS
Schulte Roth & Zabel LLP
VINCENT INDELICATO
Proskauer Rose LLP
SAMUEL KHALIL
Milbank LLP
MEREDITH A. LAHAIE
Akin Gump Strauss Hauer & Feld LLP
JESSICA LIOU
Weil, Gotshal & Manges LLP
JENNIFER MARINES
Morrison Foerster LLP
LISA M. SCHWEITZER
Cleary Gottlieb Steen & Hamilton LLP
BENNETT S. SILVERBERG
Brown Rudnick LLP
CULLEN DRESCHER SPECKHART
Cooley LLP
MATTHEW B. STEIN
Kasowitz Benson Torres LLP
ELI J. VONNEGUT
Davis Polk & Wardwell LLP

Worth Reading:

• The Failure of the Franklin National Bank: Challenge to the International Banking System

Special Report:

• Sources of Debtor-in-Possession Financing:

1605 Broadway LLC, a unit
of Argent Ventures
1903P Loan Agent, LLC and
1903 Partners, LLC
as replacement agent
AB Lending SPV I, LLC
Acquiom Agency Services
LLC and Seaport Loan
Products LLC
CION Investment
Corp, Main Street Capital
Corp, MCS Income Fund,
Inc., Newstone Capital
Partners III, L.P, Newstone
Capital Partners III-A,
L.P. and Newstone Capital
Partners III-B, L.P.
Agrifund, LLC
Alleon Capital Partners,
LLC
Alter Domus (US) LLC
Alter Domus Products Corp.
Amarillo National Bank and
BP Energy Company
American Entertainment
Properties Corp.
Amsterdam Continuing Care
Health System, Inc.
Continuing Care
Retirement Community,
Inc.
Androscoggin Savings Bank
and Machias Savings Bank
Ankura Trust Company,
LLC
Ares Capital Corporation
ArrowMark Agency
Services LLC
B. Riley Commercial
Capital, LLC
Bank of America, N.A.,
Bank of Montreal
Bank7, CommerceOne
Bank and American Bank,
N.A.
Bay Point Advisors, LLC
Black Mountain Marketing
and Sales LP
Blue Torch Finance LLC
BNGL Holdings, L.L.C.
BPC DIP Lender, LLC
Briar Capital Real Estate
Fund, LLC
Bridge Coast Capital, LLC
Brightwood Loan Services,
LLC
Callodine Commercial
Finance SPV, LLC and
Gordon Brothers Brands,
LLC
Cantor Fitzgerald Securities
GLAS Trust Corporation Limited
Cargill, Incorporated
Cedar Park Ventures LLC
CEFF II AppHarvest
Holdings, LLC
CIT Northbridge Credit
LLC
Citizens Bank, N.A., Ally
Bank, Channel Funding,
LLC, and Siemens Financial
Services, Inc.
CL-S Holdings, L.P., a
Castlelake, L.P.-managed
affiliate, and Wilmington
Savings Fund Society, FSB
Cluster Holdco LLC
Collins St Convertible Notes
Pty Ltd, as trustee for The
Collins St Convertible Notes
Fund
DJL Investments, LLC
DKB Partners LLC
eCapital Healthcare Corp.
Eclipse Business Capital
LLC
EICF Agent LLC
Embassy Mortgage Corp.
Empery Tax Efficient, L.P.
Euagore, LLC
First Citizens Bank & Trust
Company
First Horizon Bank
Fortress Credit Corp. and
Wilmington Trust, National
Association
GemCap Lending Solutions,
LLC
Georgia’s Own Credit Union
GLAS Trust Company LLC
GLAS USA LLC and GLAS
Americas LLC
GNG Partners, LLC
Goldman Sachs
International Bank,
JPMorgan Chase Bank, N.A.
and SoftBank Vision Fund
II-2 L.P
Goldman Sachs Specialty
Lending Group, L.P.
and Broad Street Credit
Holdings LLC
Goodman Capital Finance
GrainChain, Inc.
Grosvenor Food & AgTech,
INGKA Investments
Ventures US BV, Cibus
Fund LP and Cibus
Clara Fund LP, ACEG
Beteilgungsgesellschaft
mbH, et al.
Hamlin Capital
Management, LLC
Holmes Motors Inc.
ICT-DIP LLC
Independence TX LLC
Industrial Funding Group,
Inc.
Invictus Global
Management, LLC
ITC Global Advisers LLC
Jefferies Capital Services,
LLC and Wilmington Trust
Jefferies Finance LLC;
Cerberus Business Finance,
LLC; and FB Intermediate
JMB Capital Partners
Lending, LLC
KB Silver Funding, LLC
KKR Loan Administration
Services, LLC, as agent,
Credit Advisors (US) LLC
and Silver Point Capital,
L.P
Kroll Agency Services
Limited and Kroll Trustee
Services Limited
Legalist, Inc.
LEO US Holding, Inc.
Ligand Pharmaceuticals,
Incorporated
LoyaltyOne, Co.
M/C Partners VIII, L.P.
M2 LoanCo, LLC
MCDJR-TESSE, LLC and
PMCDTESSE, LLC
Mesa Vista Operating, LLC
MGG California, LLC
MidCap Financial Trust
MidCap Funding IV Trust
MPT of Sherman-Alecto,
LLC
Nighthawks Holdings I,
LLC
Oaktree Capital
Management, L.P.
Owl Rock Capital
Corporation
PNC Bank, National
Association
PNX Solutions, LLC
Poco Bay Company
Potrero Lender LLC
Principal Street High
Income Municipal Fund,
Principal Street Partners
LLC, abrdn Short Duration
High Yield Fund and
Aberdeen Standard
Investments, Inc.
RCP Credit Opportunities
Fund Loan SPV (Fund III),
L.P. and RCP Customized
Credit Fund (Fund IV-A),
L.P.
RT Lending, LLC
Sallyport Commercial
Finance, LLC
Sandton Capital Solutions
Master Fund V, L.P.
Serene Investment
Management, LLC
Siena Lending Group LLC
Sixth Street Specialty
Lending, Inc.
SMP Automotive
Systems Alabama Inc.
and Volkswagen Group
of America Chattanooga
Operations, LLC
SSCP Restaurant Investors
LLC
Sterling Commercial Credit,
LLC
Steve Silverberg
Stonepeak Magnet Holdings
LP
Streeterville Capital, LLC
Synovus Bank
Tankas Funding VI, LLC,
affiliate of Kinderhook
Industries, LLC
Top IV Talents
TriplePoint Venture Growth
BDC Corp., TriplePoint
Venture Lending Fund,
LLC, and TriplePoint
Private Venture Credit Inc.
Truist Bank
U.S. Real Estate Credit
Holdings III-A, LP
UMB Bank, N.A.
United Travel Pte. Ltd., and
Henry R. Lewis Trust
US Bank, N.A.
Virgin Investments Limited
W67, LLC
Webster Business Credit
Wells Fargo Bank, N.A.
White Oak Commercial
Finance LLC
Wilmington Savings Fund
Society, FSB
ZG Lending SPV, LLC