Déjà vu — Kem One brings distressed disposals back to France

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News & Analysis

Distressed

Sidley Austin pushes restructuring expansion with hires from Slaughter and May and Clifford Chance

Sidley Austin has hired two counsel from Slaughter and May and Clifford Chance as it expands its European restructuring practice in London, which will reach 15 lawyers by next year, a firm representative told 9fin.

12 Oct 2026

| Europe

News & Analysis

Distressed

Private Credit

Hot Stacks — The force majeure clause haunting data center debt docs

Just in time for Halloween, AI infrastructure credit investors may find themselves spooked after Oracle recently invoked a force majeure clause at a major New Mexico data center development.

8 Oct 2026

| US

News & Analysis

Distressed

Details emerge of Man City strategy as it appeals Premier League charges

Manchester City Football Club could argue that the independent commission that found it guilty of breaking Premier League financial rules over a nine-year period should not have the power to push a company to a potential insolvency situation, according to 9fin sources.

6 Oct 2026

| Europe

| US

News & Analysis

Distressed

BT takeover of TalkTalk to wipe out over £1bn debt

BT Group’s acquisition of TalkTalk will lead to almost all of the UK telco’s £1.5bn debt being written off, according to 9fin sources.

5 Oct 2026

| Europe

News & Analysis

Distressed

AMC completes refi odyssey, wiping away remnants of past LMEs

AMC Entertainment has completed a $3.97bn refinancing, replacing nearly all of the debt created by its elaborate liability management transactions over the past six years with longer-dated loans and bonds. The deal buys the cinema operator breathing room through 2031 and consolidates collateral into a broader security package.

2 Oct 2026

| Europe

| US

News & Analysis

Distressed

Co-op agreements were built to guard against sponsors, but now they’re getting invited to join

It just so happens that the company which makes scaffolding currently needs support of its own. Brand Industrial, which is owned by CD&R and Brookfield, has seen its $1.3bn term loan due August 2030 plunged in value over the last year, with 9fin data showing recent quotes in deeply distressed levels of 76 cents on the dollar. It reported in Q1 26 that adjusted earnings fell by about a fifth year-over-year, as tariffs pushed commercial construction to a four year low.

2 Oct 2026

| US