This chapter compares and contrasts mega cases and middle market cases in the bankruptcy market. It explores the differences in terms like rights offering and backstop fees, pricing analysis methods, and the ability of debtors to bear the costs of complex cases. The chapter also discusses the impact of rising costs on duck recoveries and negotiations for a small carve-out for unsecured creditors.
On this week's Americas Core Credit podcast our experts discuss Riverbed Technology, Chilean Hydroelectric project Alto Maipo and the healthcare sector as well as replay a recent Reorg webinar discussing middle market DIP financings.