The Default Notice — The Swedish District of Texas
- 9fin team
Welcome to 9fin’s weekly newsletter dedicated to US distressed debt, restructuring and special situations news and developments. Check out what else we do for distressed and restructuring here.
Top news
9fin has been continuously breaking news on two major global restructurings, both of which happen to be for companies based in Sweden, and both likely in the short-term to avail themselves of a Chapter 11 process in the US.
9fin was the first to report this week that Swedish electric vehicle battery maker Northvolt hired Kirkland & Ellis to explore in-court restructuring options in both the United States and Sweden, to facilitate a plan to refinance its debt.