Guitar Center and creditors advisor up with 2026 maturities in sight

Bankrupt Spirit thought it had sold 20 planes. But the buyer was a serial dealbreaker.

The airplane-flipping company has spent over a decade in and out of litigation. For a firm that is often accused of entering agreements before securing an end buyer — or even the cash to close — legal trouble is sometimes the cost of doing business.

A deeper look into Weil’s wind-down options and timeline

Weil’s collapse happened in an instant. Its liquidation may take years. Employees at Weil Gotshal & Manges learned last week that their 95-year-old employer would shut down over the course of a 30-minute Zoom call.

Weil wind-down puts partner payouts in the frame if bankruptcy follows

Weil Gotshal & Manges’ planned wind-down could put former partners’ distributions, capital repayments and the value left behind after their departures at the center of a Chapter 11 case, should the firm’s intended out-of-court dissolution require bankruptcy protection.

Real Madrid set for AGM that could pave way for external investment

Real Madrid Football Club is set to hold a key general assembly in the coming weeks that could open up its financing options and even possibly allow external investors to take a stake in a member-controlled subsidiary of the storied football club, according to 9fin sources.

Local SOEs may bail out Zhuhai Huafa — A closer look at their finances (9fin)

Zhuhai Huafa Group’s announcement that it would try to sell some assets to local state-owned enterprises was some sorely needed good news for the market at the end of a turbulent week. In our view, there are three main kinds of financial resource available in the Zhuhai SOE ecosystem.

China developers calm ends as sellers strike, bonds plunge