Reork published an analysis of chapter 11 plan recoveries in 20 20 and 20 21 cases. Recovery is improved year over year for all classes of claims other than thirdly in debt. Top read stories this week included harbinger light squared, two billion dollar fraud suit awaits motion to dismiss ruling.
Featured this week: Envision Healthcare, Cooper Standard Automotive, Transocean and Valaris. We also discuss Reorg’s analysis of chapter 11 plan recoveries in 2020 and 2021 cases.
And for our deep dive you can hear a webinar replay where EMEA Managing Editor Luca Rossi speaks with Antonio Casari of Northlight and Bruce Bell of Latham & Watkins about the European stressed and distressed credit market outlook for 2022.