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First Brands bankruptcy is converted to a Chapter 7 liquidation

Judge Lopez sees ‘no doubt that there is cause to convert’ as there is no going concern to reorganise.

PEI Private Credit 200: North American GPs reinforce their dominance

Our annual ranking of private credit’s biggest fundraisers also shows capital raising increasing overall – and rising especially fast for the largest fund managers.

Licensed to lend: BlackRock caught on both sides of Aston Martin’s debt fight

Aston Martin, makers of James Bond’s iconic car, creates a JCrew-style trapdoor – BlackRock is both beneficiary and casualty.

Away from the noise, TCP signals a quiet tidy-up

Hysteria in the business development company market has given way to a calmer search for liquidity options.