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Special Situations Credit: 2024 Year In Review and 2025 Outlook

As expected, we experienced continued strong deal flow for special situations credit transactions in 2024, with both macroeconomic and industry-specific factors broadly impacting markets. While a slight lowering of interest...more

Law Reviews, Dictionaries, and Uptiers: The Fifth Circuit Weighs In on Serta

Market participants might be wary of opinions that begin with a recitation of academic literature and then turn to dictionaries. The former tend to be authored with an eye toward systemic change rather than direct experience...more

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