Chanin Capital Partners, a Duff & Phelps company, served as financial advisor to the official committee of unsecured creditors of Dura Automotive Systems in connection with the company's Chapter 11 reorganization.
Chanin Capital Partners, a Duff & Phelps company, served as financial advisor to the Rumford and Tiverton pass through trust certificate holders of Calpine in connection with the company's Chapter 11 reorganization.
Chanin Capital Partners, a Duff & Phelps company, served as financial advisor to Home Interiors & Gifts in connection with the company's out-of-court restructuring.
Chanin Capital Partners, a Duff & Phelps company, served as financial advisor to the official committee of equity security holders of Adelphia in connection with the sale of the company.
The frozen credit markets have prompted many debt issuers to explore debt exchanges in lieu of refinancings.
The limited availability of Debtor-in-Possession (DIP) financing poses unprecedented challenges for debtors in need of liquidity. Potential solutions to secure a new DIP facility may include participation by equity sponsors in the DIP and/or existing pre-petition lenders "rolling-up" their existing debt by committing to fund new monies into the DIP.