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Big test of leveraged loan market coming up

The leveraged loan market has been whipped recently. Obviously, it really went into the doldrums as the credit crunch reached its nadir. But then the vultures moved in, including a lot of private... Read more...

Clear Channel deal imminent?

With a trial about to start, hedge fund Highfield Capital and Morgan Stanley decided that all parties to the troubled Clear Channel deal should come to some sort of agreement. A jury trial would not... Read more...

Clear Channel trial to get underway

The court battle pitting six banks--including Citigroup, Deutsche Bank, Morgan... Read more...

Emails to figure prominently in Clear Channel fight?

Recall that Bain Capital and THL Partners sued a bevy of banks, notably Citigroup and Read more...

Clear Channel battle turns ugly

The New York Times recounts how Bain Capital and THL Partners officials received a misfired email--one that was meant for anyone but them. It seemed to be all about how the six banks that had agreed... Read more...