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Derrough on Restructuring’s 3D Chess: State of Distressed Debt

FICC Focus

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Navigating Restructuring Challenges in Distressed Debt

This chapter examines the restructuring challenges faced by FRG amidst litigation from Holtco creditors, including PIMCO and Iradian Partners. It highlights the firm stance of the judge against delays and the precarious situation of junior debt holders in light of an upcoming trial.

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