Bankruptcy

Chu and other Tricolor execs indicted for bank and wire fraud

US attorneys claim Tricolor execs Chu, Goodgame, Kollar and Seibold fabricated data to obtain loans.

Smoke signals: Lessons from First Brands and Tricolor

The spotlight should be on due diligence as recent company failures raise questions about the scale of problems facing private debt, writes Matthias Kirchgaessner.

Why managers may struggle to cope with the demands of ABF

Recent bankruptcies have highlighted the need for extensive due diligence and, also, post-deal monitoring of risk in asset-based finance. Are relative newcomers to the space sufficiently equipped?

A PE roll-up gone wrong and the lenders who feel the pain

Is the problem a mark-to-model issue or the lack of a sound business plan by a mid-market concern?

The AI threat to delayed exits

Private credit managers happy to extend loan holding periods may find new technologies will wait for no one.

Germany’s secured credit reset

Independent enforcement is a superior alternative to M&A and workout processes, maintains Dagmar Gold of Deutsche Pfandverwertung.