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Judge Lopez's Serta ruling lands after Del Monte and American Tire, putting pro rata sharing, sacred rights and LME damages back in the spotlight.Ropes & Gray's Rachel Strickland and Eliza Hollander join 9fin Head of LMEs Jane Komsky to parse what these three cases mean for the future of in-court and out-of-court restructurings.The trio compares Judge Lopez, Judge Kaplan and Judge Goldblatt's approaches to similar pro rata sharing language in very different settings: Serta outside bankruptcy, and Del Monte and American Tire inside Chapter 11, both with DIP fights.Strickland and Hollander examine whether roll-ups, cashless exchanges and DIP subordination should be treated as payments or reductions under legacy credit agreements, and why Fifth Circuit open-market purchase analysis continues to shape the debate. They also dig into ratable-offer mechanics, Serta-style uptiers, excluded lender remedies, par participation damages and the tension between textual contract interpretation and bankruptcy court equity.They also explore whether LME fatigue, litigation costs and the 2027-2028 maturity wall will push market participants towards ratable structures or efficient Chapter 11s.Have any feedback for us? Send us a note at podcast@9fin.com. Thanks for listening!
To illustrate how uniquely challenging the restructuring experience is for the unacquainted, C Street Advisory Group founder and CEO Jon Henes recalled a client CEO's sentiment after complex, hardball restructuring negotiations: “Every time we walk into a room ... I feel like I'm in one big game of poker. Except you know what your cards are and you know what my cards are and you know what everybody in the room's cards are and so do they. The only person who doesn't know what anybody's cards are is me ... And I'm the CEO of the company.” Henes sits down with Bloomberg Intelligence analysts Negisa Balluku and Phil Brendel to explore boardroom dynamics (including a Wellman Chapter 11 retrospective) around those “most consequential moments,” managing fast-moving leaks by controlling the narrative, the intersection of Big Law and AI, and his outlook on LMEs and bankruptcies. The podcast concludes (1:24:00) with BI's Noel Hebert joining Negisa and Phil to discuss the latest developments in Incora, Serta, First Brands, Optimum Communications and DISH DBS. The State of Distressed Debt podcast is part of BI's FICC Focus series.
Tim gabungan Polri melakukan penggeledahan delapan titik di wilayah DKI Jakarta dan sekitarnya, termasuk sebuah restoran di kawasan Cipete dan sebuah rumah mewah di kawasan Sentul, Bogor terkait kasus dugaan korupsi dan Tindak Pidana Pencucian Uang (TPPU). Dalam operasi tersebut, polisi menyita 74 kg emas dan uang tunai mata uang asing senilai sekitar Rp476 miliar dari brankas tersembunyi di sebuah rumah mewah kawasan Sentul, Bogor.Temuan fantastis ini langsung menjadi sorotan masyarakat. Bahkan publik menyoroti nilai sitaan yang sangat besar tersebut dan berspekulasi mengenai potensi rivalitas antara instansi penegak hukum.Mengurai polemik penggeledahan rumah diduga milik pejabat kejagung dan menyita uang serta emas bernilai ratusan milyar rupiah oleh polda metro jaya, apa yang harus dilakukan? Narasumber:1. Pakar hukum pidana Univ Tarumanegara Dr Heri Firmansyah 2. Pegiat Antikorupsi Lembaga koordinasi pemberantasan korupsi (LKPK ) - Bejo Suhendro,
Meditation master and teacher Orgyen Chowang Rinpoche explores tools for success from Tibetan wisdom on mindfulness, gratitude, and more. Get your own copy of The Tibetan Book of Success HERE.This week on Mindrolling, Orgyen and Raghu discuss: What life was like for Orgyen growing up in a remote village in Tibet The Tibetan Buddhist leader Khenpo Jigme PhuntsokReframing the construct of ‘success'The 10 powers that lead us to success: wisdom, integrity, decency, mindfulness, fairness, reliability, gratitude, hopefulness, faith, generosity Lessons from Mipham RinpocheThe necessity of respect for good communication Navigating conflict through mindfulness and decency Self-awareness as the number one tool for good communication How inner emptiness shapes how we see the worldDiscriminating awareness, deciding what to accept vs. what to rejectAbout Orgyen Chowang Rinpoche:Orgyen Chowang Rinpoche is a meditation teacher and master in the Nyingma lineage of the Buddhist tradition residing in the San Francisco Bay Area. He is the author of Our Pristine Mind: A Practical Guide to Unconditional Happiness, and is known for his accessible, passionate, and joyful approach to personal transformation. Rinpoche teaches regularly in the Bay Area, and travels throughout the world speaking to a broad range of audiences about how to improve their lives through meditation. He received his education and training for nine years starting at the age of fourteen at Larung Gar in Serta, eastern Tibet, with his teacher, the great Jigmed Phuntsok Rinpoche, who is widely acknowledged as one of the greatest Dzogchen masters of the twentieth century. Learn more about Orgyen Chowang Rinpoche's work and his non-profit, The Pristine Mind Foundation. “Even if someone is in conflict, you need to be mindful, reliable, you need to be a decent person at the same time. Then, it works. If your mind is in conflict, if there's anger, resentment, that totally destroys communication.” –Orgyen Chowang RinpocheSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Sertaç Mutlu, Köln'de doğup büyümüş, ama İstanbul'da izlediği bir dizi, ilham aldığı komedyenler ve kuzeninin yaptığı tek bir yönlendirme kariyerinin yönünün değiştirmiş. NightWash ve NDR Comedy Contest gibi önemli yarışmalarda dereceler elde etmiş. Bugün ise tek kişilik gösterileriyle salonları dolduran Stand up sanatçısı Sertaç Mutlu sunucumuz Gökçe Göksu'nun konuğu oldu. Bizden Biri'nin bu bölümünde onun başarısının perde arkasını, Almanya'da Türk kökenli bir komedyen olmayı, sosyal medya çağında mizah üretmenin zorluklarını ve iki farklı kültürü aynı salonda güldürmenin sırrını konuştuk. Von Gökçe Göksu und Erkan Aslan.
Kasus dugaan perundungan yang berujung pengeroyokan terhadap seorang siswa kelas 1 SMP di Kota Semarang kembali menjadi perhatian publik. Korban diduga dikeroyok oleh sejumlah kakak kelas di lingkungan sekolah hingga mengalami luka memar di berbagai bagian tubuh dan disebut sempat mendapat ancaman agar tidak menceritakan kejadian tersebut kepada orang tua maupun pihak lain. Keluarga korban juga menyoroti dugaan keterlambatan informasi dari pihak sekolah terkait peristiwa tersebut, sehingga kasus baru terungkap beberapa hari setelah kejadian.Peristiwa ini menambah kekhawatiran mengenai masih terjadinya praktik bullying dan kekerasan antar siswa di lingkungan pendidikan. Lalu, bagaimana melihat fenomena perundungan yang masih terjadi di sekolah? Mengapa korban sering memilih diam dan baru berani bercerita setelah mengalami tekanan berkepanjangan? Serta langkah apa yang perlu dilakukan sekolah, orang tua, dan lingkungan sekitar agar kasus serupa dapat dicegah sejak dini?Simak Wawancara Anis Sapitri Koordinator Program Remaja (PILAR) PKBI Jawa Tengah.
Ustadz Abu Yahya Badrusalam - Tanya Jawab Singkat Dan Padat Serta Penuh Manfaat
Jurnalis senior dan CEO Tempo Media Group, Arif Zulkifli berbagi kisahnya sebagai wartawan yang mengedepankan fakta dan cerita. Serta harapannya agar Indonesia berpikir kritis di tengah derasnya arus informasi.#arifzulkifli #tempo #jurnalisme #cauldrontalks #uncensored #andinieffendi #podcast #talkshow—Uncensored bersama Andini Effendi ingin memulai percakapan mengenai isu yang kerap dianggap tabu. The Elephant in the Room adalah topik yang diketahui semua orang, namun tidak banyak yang berani membicarakannya. Dengan berdiskusi secara terbuka, kami harap masyarakat bisa lebih terbuka pikiran dan hatinya.୨♡୧ New episode drops every Thursday! ୨♡୧☆ Jangan lupa follow & Subscribe kami ☆https://www.instagram.com/cauldrontalks/https://www.youtube.com/channel/UCIs1JAa6LciLsjwkQ-caGawhttps://fb.watch/dv-wICk08O/☆ Dengarkan juga podcast kami ☆https://open.spotify.com/show/6pHdBM4Jr0JMwBvbVCMiQI?si=cc66a009ea964c3ahttps://podcasts.apple.com/id/podcast/uncensored-with-andini-effendi/id1627192280☆ Host Andini Effendi ☆https://www.instagram.com/andinieffendi/☆ Arif Zulkifli ☆https://www.instagram.com/ini.azul/—Timestamps00:00 Intro01:50 Awal ingin belajar menulis07:49 Kecintaan terhadap Tempo14:47 Karir di Tempo18:40 Reportase Aceh29:27 Pertemuan dengan Hasan Tiro33:25 Algoritma dalam Jurnalisme37:10 Strategi jurnalisme Tempo43:09 Intervensi dari pihak luar50:27 Keluarga59:07 Kontribusi yang diinginkan
Hoje, vamos falar sobre a valorização da identidade brasileira na arquitetura e no design, inspirada na expressão “Mais sertão, menos Milão”, de Mauricio Arruda.See omnystudio.com/listener for privacy information.
Simak pembahasannya bersama narasumber:1. Presiden Asosiasi Serikat Pekerja Seluruh Indonesia (ASPIRASI) - Mirah Sumirat 2. Koordinator Advokasi Serikat Pekerja Angkutan Indonesia- Remon Jatmiko Kusnadi
Kasus dugaan kekerasan terhadap puluhan anak di Daycare Little Aresha, Yogyakarta, menjadi sorotan publik dan Kemen PPPA. Plt Deputi Perlindungan Khusus Anak, Indra Gunawan, menekankan pentingnya penguatan regulasi, pengawasan, dan kode etik pengasuh agar kasus serupa tidak terulang.Simak ulasan singkatnya berikut ini.
Ustadz Abdul Hakim Amir Abdat - Ittiba' & Taqlid Serta Madzhab
Ustadz Nizar Saad Jabal Lc. M.Pd. - Dusta Dan Kejujuran Serta Pengaruhnya
“Troubled businesses don't turn around on a dime. They took years to get messed up. They got worse through the restructuring when they were capital-starved,” observed Jon F. Weber, founder of Jon F Weber & Co. “A lender should not have the expectation that, upon pouring in liquidity and improving the capital structure, they're going to immediately improve. We're in the reality business... We have to establish what can be realistically achieved with a 70%-80% probability and align awards, budgets and all of those things around those outcomes.” Weber and Jon F Weber & Co. board director Alvaro Aguirre shared their well-honed insights with Bloomberg Intelligence's Negisa Balluku and Phil Brendel, as they delved into their recent paper, “From Creditor to Owner: Adapting an Ownership Playbook.” They highlight the need for lenders to act swiftly and decisively to prepare for potential ownership, as well as the common pitfalls that can arise during this transition. The podcast concludes (1:02:40) with BI's Noel Hebert joining Balluku and Brendel to discuss the latest developments in Hertz, First Brands, New Fortress Energy, Multi-Color Corp., Serta and Telesat. JFW &Co.'s paper may be found here: https://jonfweber.com/thought-leadership/f/from-creditor-to-owner-adopting-an-ownership-playbook
Ustadz Abu Yahya Badrusalam Lc. - Tanya Jawab Singkat Dan Padat Serta Penuh Manfaat
Presiden Prabowo Subianto menghadiri dan memberikan arahannya dalam penyerahan denda administratif dan penyelamatan keuangan negara serta penguasaan kembali kawasan hutan tahap VI di Kejaksaan Agung RI.
The 2017 NYDJ Apparel (nee Not Your Daughter's Jeans) transaction pre-dated Serta as the original “uptier” liability management deal in which lenders holding a majority of the loan amended the waterfall to uptier their existing holdings plus new money, subordinating minority lenders holding the same loans.In a conversation with 9fin's Global Head of Distressed & LevFin Max Frumes, Debevoise's co-head of restructuring Sidney Levinson, who represented the majority lenders in that case, discusses the significance of the deal at the time and the evolution of LME technology ever since. They're joined by Debevoise Partners Scott Selinger and Erica Weisgerber, to of the co-heads of the firm's expanded Liability Management and Special Situations Group.Listen as they explore the commonalities and differences between the NYDJ situation and other well-known restructurings including Serta, J.Crew, Envision, Robertshaw, Trimark, Boardriders, Chewy, Petsmart, Caesars and Xerox.Have any feedback for us? Send a note to podcast@9fin.com. Thanks for watching and listening!
“The goal is to set the company up for longer-term success,” explained Rachel Murray, managing director at Moelis & Co. “If we're solving quarter-to-quarter, you're probably not investing in the business as you should; there's distractions for management, it's putting more pressure on the business, and frankly, probably their peers and competitors are going after their customers and creating noise.” In her conversation (7:40) with Bloomberg Intelligence's Negisa Balluku and Phil Brendel at the 22nd annual Wharton Restructuring & Distressed Investing Conference, Murray explored how private credit's growth and heavy dependence on relationships alter the restructuring dynamic, relative to traditional large cap leveraged finance workouts. This episode of the State of Distressed Debt podcast concludes (31:40) with BI's Noel Hebert joining Negisa and Phil to discuss the latest developments in First Brands, Saks, Multi-Color Corp., Ardagh Group and Serta.
Bismillah,Ketika kita ingin meng-upgrade diri dalam menjalankan ketaatan, seringkali godaan datang melalui pujian, harta, maupun adanya kepentingan pribadi. Semoga Allah mudahkan kita selalu mengintropeksi diri untuk mengecek keikhlasan dan amalan hati. Serta semoga kita dipertemukan dengan lingkungan orang soleh agar bisa saling menasehati diatas kebenaran dan kesabaran. Aamiin.Ingin tahu lebih dalam tentang zakat dan bagaimana zakat dapat membersihkan harta dan jiwa kita serta menebarkan kebaikan?InsyaAllah, bisa menghubungi LAZ Muhajir melalui 081288388501.Nikmati juga kemudahan berzakat melalui Bank Syariah Indonesia (BSI) nomor rekening 1111091036 atas nama LAZ Muhajir.Zakat bersihkan jiwa, tebarkan kebaikan.
“It is the inconsistency of decisions which oftentimes bedevils a company's ultimate success. You create that consistency. You can also push decisioning down from the C-suite into the next operating level. That creates dynamism and speed in decision-making. Speed in decision-making creates faster turns in the capital in the business,” says Andrew Milgram, managing partner and chief investment officer of Marblegate Asset Management. Milgram discusses how his firm works with portfolio companies to improve processes for better operational outcomes in this episode of the State of Distressed Debt podcast. In his hour-plus conversation with Bloomberg Intelligence's Noel Hebert and Phil Brendel, Milgram shares his perspective on how Marblegate's direct-investing approach and focus on the middle market de-emphasizes the credit cycle. He also discusses First Brands Group, liability management exercises and his outlook for 2026. The podcast concludes with BI's Negisa Balluku joining to break down the latest legal developments at First Brands and Serta, followed by a discussion with Brendel and Hebert around Saks' DIP battle with Amazon and Axonic.
Wir freuen uns, euch im Rahmen der Veröffentlichung unseres fünften BLACKBOOKS ein weiteres Feature anbieten zu können, das das Durchblättern des neuen Buches sicherlich noch einmal spannender macht. Denn mit der ILOVEGRAFFITI.DE Podcast-Episode 092 gibt es quasi den Audioguide zu den 152 Seiten Inhalt.René spricht mit der Hamburger Graffiti-Ikone über eine ganz besondere Zeit von Ende der Achtziger bis Mitte der Neunziger Jahre, in der SHORE nicht nur mit Namen wie LOR, DINR, WHO oder ENT in der Hansestadt, sondern auch mit ENRO, SIR, VOLA, SERA, SERTA und natürlich SHORE in Dortmund, Wien, München, Amsterdam, Kopenhagen oder New York aktiv war, um gleich mehrere Ausrufezeichen in der Graffiti-Community zu setzen. Die Episode erscheint rund 14 Tage vor dem Release des Buches (19.02.2026), das ihr hier im Shop weiterhin als Regular Edition vorbestellen könnt, solange der Vorrat reicht (die Limited Edition ist leider bereits ausverkauft).Der in der Episode erwähnte Buch-Release mit SHORE und der Möglichkeit, sich das Buch vom Meister höchstpersönlich signieren zu lassen, findet am 20.02.2026 zwischen 17 und 19 Uhr im Under Pressure Store Hamburg (Schanzenstraße 10, 20357) statt.Viel Spaß beim Hören und bei einer spannenden Zeitreise mit SHORE von der RTA CREW.
Accompanying music is often used to emphasize the meaning and ideas contained in a dance. However, composing music, especially for a specific purpose, is not easy. This is especially true when the dances contain complex and meaningful ideas. Producing a successful performance requires strong and mature collaboration between the choreographer and the composer, which takes a long time. - Untuk mempertegas makna serta ide-ide yang terkandung dalam suatu tarian, sering digunakan musik pengiring. Namun menggubah karya musik apalagi untuk tujuan tertentu, bukanlah hal yang mudah. Apalagi jika tarian-tarian tersebut mengandung ide-ide yang rumit dan sarat makna. Untuk menghasilkan suatu penampilan yang bagus, diperlukan kolaborasi yang kuat dan matang antara koreografer dan penggubah musiknya serta memakan waktu yang lama.
Bau busuk dan bau tidak sedap dari TPA sampah menimbulkan berbagai efek buruk bagi manusia dan lingkungan. Secara kesehatan, bau menyengat dapat memicu sakit kepala, mual, pusing, iritasi saluran pernapasan, serta memperburuk asma dan gangguan pernapasan lainnya. Paparan jangka panjang juga dapat menyebabkan stres, gangguan tidur, dan penurunan kualitas hidup masyarakat sekitar. Dari sisi psikologis, bau tidak enak menimbulkan rasa tidak nyaman, emosi negatif, dan menurunkan konsentrasi. Selain itu, bau TPA sering menarik lalat, tikus, dan serangga pembawa penyakit, sehingga meningkatkan risiko penularan penyakit dan pencemaran lingkungan di kawasan sekitar.
Menteri Kesehatan Budi Gunadi Sadikin menggelar konferensi pers terkait perkembangan terkini penanganan bencana di wilayah Sumatra. Dalam keterangannya, Menkes menyoroti fokus pemerintah pada pemulihan kesehatan masyarakat terdampak, termasuk pelayanan medis darurat, pencegahan penyakit pascabencana, serta pemulihan fasilitas kesehatan.Selain itu, Kementerian Kesehatan bersama lintas kementerian dan pemerintah daerah terus menyalurkan bantuan kesehatan, mulai dari obat-obatan, tenaga medis, hingga dukungan logistik bagi warga di lokasi terdampak. Pemerintah memastikan upaya penanganan dilakukan secara terpadu agar kondisi kesehatan masyarakat dapat segera pulih dan risiko dampak lanjutan dapat ditekan.
Bismillah,Saudaraku,Masalah, musibah, ujian pasti akan datang dalam kehidupan orang-orang beriman. Semoga Allah memberi taufiq agar saudara kita yang diuji menjadikan bencana ini peluang untuk menambahkan iman dan membuat mereka semakin dekat dengan Allah. Serta semoga Allah mudahkan kita bisa mengambil bagian untuk membuka jalan pertolongan bagi mereka. Aamiin.Data Bencana Banjir & Longsor Sumatra(per 6 Desember 2025), qadarullah terdapat:• 836 korban jiwa• 509 dinyatakan hilang• Ribuan orang luka-luka• Jutaan orang terdampak• Ratusan ribu mengungsi• Infrastruktur utama dan rumah-rumah rusak parahWilayah paling terdampak• Aceh, Sumatra Utara, Sumatra BaratAlhamdulillah, zakat melalui LAZ Muhajir telah disampaikan langsung ke saudara-saudara di lokasi bencana di Sumatra Barat. Insya Allah, akan bergerak ke wilayah lain dalam waktu dekat.
Indonesia siap mengerahkan 20.000 putra-putri terbaiknya untuk membantu menjaga perdamaian di Gaza dan di belahan dunia lainnya. Kalimat itu—dengan nada mantap khas Prabowo Subianto—menggema di Sidang Majelis Umum PBB, akhir September lalu.Sebuah pernyataan yang bukan hanya simbolik, tapi sinyal politik global: bahwa Indonesia, di bawah kepemimpinan baru, siap kembali menegaskan peran geopolitiknya di panggung dunia.Statement ini segera menjadi headline internasional—dan di dalam negeri. Setelahnya, menuai dukungan penuh dari DPR hingga eksis dalam KTT Gaza di Mesir.Lantas, mengapa statement Presiden Prabowo menjadi penting? Serta bagaimana signifikansinya?
Checksum digunakan untuk memastikan bahwa data valid. Tidak ada kesalahan. Salah satu caranya adalah dengan menjumlahkan angka dari data tersebut. Kalau datanya adalah huruf, maka huruf itu kita konversikan ke angka dahulu baru dijumlahkan.Jika diinginkan hasil penjumlahannya (atau checksum-nya) tidak melebihi dari sebuah angka tertentu maka dapat digunakan operasi MOD (modulus). Contoh adalah MOD 97. Ini bahkan digunakan dalam ISO 7064.#hash #checksum #cryptography
Musim yang nggak baik-baik amat. 102 Tahun yang anyep. Derby yang begitulah. Serta hal-hal lain yang terjadi
Ikuti Meggy Soedjatmiko dan Erika Dhemes. Serta penerjemah buku ini dalam bahasa Indonesia: Siska Nurrohmah.
Hai Tetangga Kesayangan! Kali ini kita kedatangan Jonathan Latumahina, ayah dari David Ozora, yang akan berbagi cerita tentang perjuangan, keajaiban, dan kekuatan doa di tengah ujian hidup terberat yang pernah dialami keluarganya.Bagaimana Tuhan bekerja menyelamatkan David?Apa makna besar di balik peristiwa yang mengguncang hidup mereka?Serta cerita Jonathan tentang perjalanannya menjadi mualaf.Simak kisah inspiratif penuh iman dan keajaiban ini hanya di Daniel Tetangga Kamu!
JAKARTA - Kepala Dinas Lingkungan Hidup atau DLH DKI Jakarta Asep Kuswanto menegaskan Pemprov DKI terus memperkuat penanganan pencemaran mikroplastik melalui riset dan aksi nyata di lapangan. Temuan BRIN tentang kandungan mikroplastik dalam air hujan menjadi perhatian serius sekaligus mendorong kolaborasi lebih erat antara pemerintah dan lembaga riset. Asep mengatakan upaya pengendalian dilakukan dari hulu ke hilir mulai dari uji emisi kendaraan untuk mengurangi polusi, pengelolaan sampah plastik, pemantauan kualitas air dan udara, hingga kampanye edukasi kepada masyarakat."Publik juga dihimbau lebih bijak dalam menemilah sampah dan mengurangi penggunaan plastik sekalipakai yang berpotensi mencemari lingkungan." "Kampanye edukasi publik tentang bahayanya tidak hanya mikroplastik tetapi semua unsur pollutan yang ada yang di atmosfer kita. Kemudian juga teman-teman media mungkin sudah tahu bagaimana Pemprov DKI juga berupaya untuk terus mengedukasi masyarakat dalam penanganan sampahnya mulai dari hulu tengah dan hilirnya.""Tadi disampaikan bahwa salah satu sumber pencemar dari mikroplastik adalah dari sampah yang tidak terkelola dengan baik, utamanya sampah plastik. Dan kami juga di Dinas LH saat ini juga terus mengupayakan bagaimana pengendalian pengemaran udara.""Ya mungkin teman-teman juga sudah banyak mengetahui upaya-upaya kami antara lain adalah melakukan uji emisi kendaraan bermotor. Jadi sumber bergerak berupa emisi kendaraan bermotor dan sumber tak bergeraknya dari industri pabrik emisinya juga terus kami lakukan upaya-upaya pengurangannya." Sebagai tambahan Kadis DLH DKI JakartaAsep Guswanto juga memperkuat pengawasan terhadap emisi kendaraan dan industri sebagai sumber pencemaran udara. Asep menegaskan penanganan isu mikroplastik dan polutan lain harus dilakukan secara kolektif melalui kerjasama antara pemerintah, akademisi, dan masyarakat demi terciptanya lingkungan Jakarta yang lebih bersih dan berkelanjutan.Demikian laporan dari Balai Kota DKI Jakarta, Reynaldi Adi Surya melaporkan.
Tujuan dari penyelenggaraan Festival Torang Pe Musim Semi di Melbourne, 20 September 2025, bukan hanya mempromosikan budaya Kawanua namun juga untuk membantu desa di Palamba.
Serta Simmons is saying goodnight to a 122,000-square-foot factory in Jamestown, New York – a move the company says will take place in the next few months and impact 84 employees.According to Furniture Today, the plant closure is the second one that's been initiated by Serta Simmons so far this year. The company announced in May that it would shutter a Moreno Valley, California plant that employed 180 workers – a site that was built during an expansion push and has only been operational since 2018.
On the latest episode of Bloomberg Intelligence's State of Distressed podcast, Andrew Axelrod, founder & CEO of Axar Capital, shares how focused distressed debt buyers such as Axar Capital are often the best bid for middle-market troubled loans as they stand ready to commit capital and sweat equity to the turnaround. In his conversation with BI's Chief US Credit Strategist Noel Hebert and Senior Credit Analyst Phil Brendel (5:55), Axelrod touches on Axar's “loan-to-own” strategy, what he looks for in management teams, and the importance of “sticking to the process.” The podcast concludes with Negisa Balluku joining Noel and Phil for a roundtable discussion on At Home, Claire's, CommScope, LifeScan, the SCOTUS pitch in Serta, and Ardagh Group (1:04:33).
"If you've got [a company] that just doesn't have a logical strategic long-term owner or the industry's consolidated in a way that nobody can regulatorily do it, you're buying into a problem...And so we try to be very thoughtful about that coming in. And sometimes that means you can't do a deal. Sometimes that means you have to do it even cheaper to account for a discount on the backend too."David Geenberg, Head of Strategic Value Partners' North American Investment Team, explained to BI's Noel Hebert and Phil Brendel why contemplating exit strategies up front is part of SVP's investment process. Geenberg detailed how SVP's global investment team blends complementing skill sets to help it tackle all facets of its portfolio companies' investment cycle, including sourcing paper, restructuring, litigation, identifying corporate leaders, M&A, and strategic planning (6:25). Prior to that, BI's Noel Hebert and Phil discussed the return of risk appetite in May as tariffs were reeled back. The podcast concludes with BI's Negisa Balluku joining them for a roundtable discussion on Hertz, Serta, Azul, Sunnova, and WeightWatchers (1:12:45).
In this episode of Debtwired!, Brian Resnick, partner in Davis Polk's restructuring group and head of the firm's Liability Management & Special Opportunities practice, joins Debtwire co-managing editor, Madalina Iacob, to discuss the current state of restructurings, how LMEs have evolved in the past year, what creative workaround structures he has seen post the Fifth Circuit decision in Serta, and the evolution of Davis Polk's preeminent restructuring practice.Brian also shares with us how he transitioned to law from being a Juilliard-trained professional musician playing on Broadway and Saturday Night Live, and how he co-produced a Tony Award-winning Broadway show.
Carronade Capital Management Managing Partner and Chief Investment Officer Dan Gropper expects the US to be in for a “rough ride.” “If I were today sitting on the board of a major corporation, I'm not sure I'd build my new factory or start a new division or open 14 new restaurants. You'd want to know what's going to happen with the economy. And so even the uncertainty without the second- and third-order effects that can and will occur from tariffs, even before that happens, I think you're already seeing people starting to pull back,” said Gropper, when he joined Bloomberg Intelligence's Phil Brendel at the Beard Group's Distressed Investment Media Night on May 6. He detailed his firm's investment approach, which is rooted in deep distressed investing experience and a collaborative DNA (6:35). Prior to that, BI's Noel Hebert and Brendel discussed the sharp widening of spreads in the energy sector and credit's gloomy outlook. The podcast concludes with BI's Negisa Balluku joining them for a roundtable discussion on Serta, Hertz, GOL, Incora, Ardagh, CommScope, WW International and Rite Aid (28:20).
Socrates FC'de bu hafta İlhan Özgen, Atahan Altınordu ve Buğra Balaban sizlerle birlikte. Bu haftaki bölümümüzü şampiyonluğunu ilan ederek Trendyol 1. Lig'e çıkma başarısı gösteren Sarıyer'le ve şampiyonluk kutlamalarıyla açıyoruz. Sertaç Çam, Kemal Rüzgar ve Serdar Cansu üçlüsünün olası ayrılığını konuştuktan ve “Mustafa Sarıgül hoca kalır mı?” sorusuna yanıt aramamızın ardından Atahan'dan hayli ibretlik bir anı dinliyoruz. Atahan'ın anlattığı anının etkisinden çıktıktan sonra Arda Güler'in Celta Vigo karşısındaki 1 gol, 1 asistlik performansa uzanıyoruz. Arda Güler'in takımda kalma ihtimali, Real Madrid'in santrfor arayışına girip girmeyeceği denklemlerini enine boyuna değerlendirdikten sonra sezon sonunda Liverpool'dan ayrılacağını resmen açıklayan Trent Alexander-Arnold'ın Real Madrid'de hangi rolde neler yapabileceğini tartıyoruz. Profesyonel lige yükselen Eskişehirspor, Fenerbahçe-Beşiktaş derbisi, Mourinho'nun açıklamaları, Beşiktaş'ın inişli çıkışlı sezonu, Ole Gunnar Solskjaer'li takımın önümüzdeki sezona dair hedefleri… Hepsi ve daha fazlası bu bölümde!
Socrates FC'de bu hafta İlhan Özgen, Atahan Altınordu ve Buğra Balaban sizlerle birlikte.Bu haftaki bölümümüzü şampiyonluğunu ilan ederek Trendyol 1. Lig'e çıkma başarısı gösteren Sarıyer'le ve şampiyonluk kutlamalarıyla açıyoruz. Sertaç Çam, Kemal Rüzgar ve Serdar Cansu üçlüsünün olası ayrılığını konuştuktan ve “Mustafa Sarıgül hoca kalır mı?” sorusuna yanıt aramamızın ardından Atahan'dan hayli ibretlik bir anı dinliyoruz.Atahan'ın anlattığı anının etkisinden çıktıktan sonra Arda Güler'in Celta Vigo karşısındaki 1 gol, 1 asistlik performansa uzanıyoruz. Arda Güler'in takımda kalma ihtimali, Real Madrid'in santrfor arayışına girip girmeyeceği denklemlerini enine boyuna değerlendirdikten sonra sezon sonunda Liverpool'dan ayrılacağını resmen açıklayan Trent Alexander-Arnold'ın Real Madrid'de hangi rolde neler yapabileceğini tartıyoruz.Profesyonel lige yükselen Eskişehirspor, Fenerbahçe-Beşiktaş derbisi, Mourinho'nun açıklamaları, Beşiktaş'ın inişli çıkışlı sezonu, Ole Gunnar Solskjaer'li takımın önümüzdeki sezona dair hedefleri… Hepsi ve daha fazlası bu bölümde!
Untuk mempromosikan makanan dan budaya Indonesia, ICAV (The Indonesian Culinary Association of Victoria) bersama dengan Melbourne Food and Wine Festival) akan menyelenggarakan Indonesian Street Food Festival di Melbourne - 22 dan 23 Mar 2025 di Victoria Market.
Ülker'in katkılarıyla hazırlanan Socrates FC'de bu hafta İlhan Özgen, Atahan Altınordu ve Buğra Balaban sizlerle birlikte. Bu haftaki bölümü Atahan'ın bit pazarına yaptığı efsanevi geri dönüşü ve yaptığı büyük Hayat Mecmuası alışverişiyle açıyoruz. Devamında Barcelona'nın Valencia karşısındaki yedi gollük zaferini konuşuyor, bu vesileyle hafta içinde Şampiyonlar Ligi'nde oynanan 5-4'lük Benfica maçına da değiniyoruz. “Futbolda zirve dönem yaşı hala aynı mı?” sorusuna yanıt arayıp dünyanın en iyi futbolcusunun kim olduğuna yönelik düşüncelerimizi belirttikten sonra haftanın olayına geçiyoruz. Biskrem Cookie Extra ile Haftanın Olayı'nda tabii ki Sarıyer forması giyen Sertaç Çam'ın enfes trivelası vardı. Trivela golüne yönelik “Acaba orta mıydı, şut muydu?” sorusunu sorduktan sonra Milan'daki Conceicao & Calabria gerginliğine uzanıyor, hemen ardından Juventus'un Napoli deplasmanında aldığı mağlubiyetle sona eren ilginç namağlubiyet serisini yorumluyoruz.
Ülker'in katkılarıyla hazırlanan Socrates FC'de bu hafta İlhan Özgen, Atahan Altınordu ve Buğra Balaban sizlerle birlikte.Bu haftaki bölümü Atahan'ın bit pazarına yaptığı efsanevi geri dönüşü ve yaptığı büyük Hayat Mecmuası alışverişiyle açıyoruz. Devamında Barcelona'nın Valencia karşısındaki yedi gollük zaferini konuşuyor, bu vesileyle hafta içinde Şampiyonlar Ligi'nde oynanan 5-4'lük Benfica maçına da değiniyoruz. “Futbolda zirve dönem yaşı hala aynı mı?” sorusuna yanıt arayıp dünyanın en iyi futbolcusunun kim olduğuna yönelik düşüncelerimizi belirttikten sonra haftanın olayına geçiyoruz.Biskrem Cookie Extra ile Haftanın Olayı'nda tabii ki Sarıyer forması giyen Sertaç Çam'ın enfes trivelası vardı. Trivela golüne yönelik “Acaba orta mıydı, şut muydu?” sorusunu sorduktan sonra Milan'daki Conceicao & Calabria gerginliğine uzanıyor, hemen ardından Juventus'un Napoli deplasmanında aldığı mağlubiyetle sona eren ilginç namağlubiyet serisini yorumluyoruz.
For this week's Cloud 9fin episode, we're launching a new monthly recurring series: Jane's LME Addiction, in which distressed legal analyst Jane Komsky dives into the latest news in liability management. Joined by 9fin global head of distressed and restructuring Max Frumes and 9fin head of legal James Wallick, Jane walks through the landmark decision out of the Fifth Circuit Court of Appeals in the Serta Simmons case and what it means for LMEs going forward.Find all our coverage on Serta at 9fin.com, including our latest stories on the contours of potential uptiering transactions in 2025 and the evolution from Serta blockers to “Fifth Circuit blockers.”If you have any feedback for us, send us a note at podcast@9fin.com. Thanks for listening.
Looking back at an important event or event in a recent year can provide a valuable lesson. So that deficiencies or errors can be corrected or can be prevented. Such as, for example, the implementation of laws and their enforcement in Indonesia. - Menengok kembali kejadian atau peristiwa penting di tahun yang baru saja berlalu, dapat memberikan pelajaran yang berharga. Agar kekurangan atau kesalahan dapat diperbaiki atau dapat dicegah. Seperti misalnya pelaksanaan hukum dan penegakannya di Indonesia.
The Business Forum organized by Festival Indonesia 2024 which took place on 03 October, provided potential Australian investors with an overview of the investment climate in Indonesia today. As well as other important and useful information from both business people and other related parties. - Forum Bisnis yang diselenggarakan oleh Festival Indonesia 2024 yang berlangsung pada tanggal 03 Oktober, memberikan gambaran kepada para calon penanam modal Australia tentang iklim investasi di Indonesia dewasa ini. Serta informasi penting dan bermanfaat lainnya baik dari pihak pelaku bisnis ataupun pihak-pihak terkait lainnya.
“When I'm thinking, how do I make someone the best version of themselves? Sleep was the fastest route,” says Todd Anderson. Todd Anderson is a sleep expert, co-founder of Dream Performance & Recovery, and former football player in the NFL. He joins us today to discuss the importance of sleep, how to become a resilient sleeper, and his top tips, plus: -The importance of sleep (~0:50) -Learning from elite athletes (~5:32) -What is a resilient sleeper (~7:55) -How to be a better sleeper (~11:40) -What to do if you can't sleep (~13:35) -Blue light and electronics at night (~17:10) -The power of breath (~22:15) -Nasal versus mouth breathing (~25:27) -Sleep studies (~27:10) -Nasal strips (~31:30) -Exercise and sleep (~33:57) -Todd's go-to routine (~37:30) -Mealtime and sleep (~40:02) -Olympian Katie Hoff's sleep routine (~41:15) -Parent's influence on children's sleep (~43:30) -Misinformation in the sleep space (~46:45) Referenced in the episode: - Check out his website (www.toddanderson42.com) - Check out his company (www.dreamrecovery.io) - Follow him on Instagram (toddanderson) - Take a look at Serta's quality sleep products (www.serta.com) - Get your mbg dream mist - Read more about the impact of breathing (www.mrjamesnestor.com) We hope you enjoy this episode, and feel free to watch the full video on YouTube! Whether it's an article or podcast, we want to know what we can do to help here at mindbodygreen. Let us know at: podcast@mindbodygreen.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Furniture Industry News – September 9, 2024Welcome to today's episode of Furniture Industry News. Here are the key updates:Potential Strike at East Coast PortsA major strike looms over East Coast ports, with labor negotiations between dockworkers and the U.S. Maritime Alliance stalled. The strike, set to begin on October 1, could disrupt shipments and impact the furniture industry's supply chain. Importers are advised to delay shipments and prepare for possible delays, while container rates, although currently low, are expected to spike as shippers divert to West Coast ports.Big Lots Files for Chapter 11 BankruptcyBig Lots has filed for Chapter 11 bankruptcy and entered a sale agreement with Nexus Capital Management. High inflation and interest rates have hit the retailer hard, reducing discretionary spending. The acquisition aims to stabilize and streamline operations, although store closures are expected. This restructuring effort is seen as a path toward a more profitable future.Furniture Brands Among Big Lots' Top CreditorsNotable furniture companies are among the largest creditors in Big Lots' bankruptcy case. Ashley Furniture is owed $12 million, while Serta is owed $6 million. The top 30 creditors, including Fusion Furniture and Sealy Inc., are collectively owed more than $75 million. This underscores the ripple effect Big Lots' financial struggles have on the broader furniture industry.Specialty Mattress Stores vs. Big Box RetailersA comparison of big box stores like Target and Walmart with specialty mattress retailers reveals that specialty stores excel in product presentation and customer service. Big box stores often display mattresses poorly, while specialty stores offer a more curated shopping experience with knowledgeable staff. Despite lower prices, big box retailers fall short in creating an inviting atmosphere, which provides an opportunity for specialty retailers to attract discerning customers.High Point Market – Hot Spot ToursThe upcoming High Point Market, from October 26-29, will feature exclusive Hot Spot Tours led by top interior designers. These themed tours provide attendees with a curated look at innovative showrooms, offering insider insights and design trends. Each tour starts at The Point on Commerce Avenue, and registration is required in advance.
We go live at Manifest 2024 to discuss the future of retail logistics and supply chain technology innovations with Drew Taranto, Senior Director of Ecommerce Strategy at DHL. Topics covered include omni-channel retail trends, B2B ordering experiences, cost reduction through automation and AI, machine learning for better decision making, returns and recommerce programs, final mile delivery improvements, and more. This insider perspective on the transformation ahead for logistics and fulfillment highlights all the latest technologies and strategies direct from the show floor.
Lindsay Holden, co-founder of Odele, a revolutionary and award-winning brand disrupting the hair care space. In 2020, Lindsay, alongside Co-Founders Britta Chatterjee and Shannon Kearney, launched Odele, a clean, inclusive, and salon-grade hair care line designed for everyone who shares a shower, regardless of age or gender. Despite debuting during a global pandemic, Odele achieved profitability within the first six months and is now featured on shelves at major retailers, including CVS Pharmacy, Ulta Beauty, and Target.Before making waves with Odele, Lindsay honed her skills during an eight-year tenure at Target, serving in various buyer and merchandising manager roles within the domestic and home departments. Her early career included accounts manager positions at Serta and Corbis, providing valuable insights into what constitutes a great product. Today, Lindsay helps lead Odele, a brand that offers all-inclusive, high-quality, and safe salon-grade hair care. The dermatologist and pediatrician-tested, cruelty-free, and vegan product line, featuring hero ingredients like amaranth and rice tein, aims to nourish and fortify hair, promoting overall health, shine, manageability, volume, and movement.Episode Resources:Odele BeautyInstagram: @odelebeautyFollow Lindsay Holden and Odele on LinkedInLink to purchase:FYLPxWRDSMTH Merch Collaboration*suggestion is to size upDownload this episode of For Your Listening Pleasure wherever you get your podcasts! Make sure you follow us on Instagram @foryourlisteningpleasure Click here to listen to the For Your Listening Pleasure Theme Song Playlist on Spotify.To continue the conversation, feel free to DM me at https://www.instagram.com/foryourlisteningpleasure/ or email me at foryourlisteningpleasure@gmail.com.
In 2020, Lindsay Holden, alongside her Co-Founders Britta Chatterjee and Shannon Kearney, set out to disrupt the haircare space with the launch of their clean, inclusive, and salon-grade haircare brand, Odele. Derived from the Norwegian phrase for “to share,” Odele can be used by anyone who shares a shower, regardless of age or gender. Despite launching amid a global pandemic, the company reached profitability in the first six months of business, and today, the line is on shelves at CVS, Ulta, and Target. But before getting Odele on major retailer shelves, Lindsay worked on the other side: she spent eight years working at Target in various buyer and merchandising manager roles within the domestics and home department, learning what makes a great product. Even before that, she spent her early career as an account manager, first at the mattress company Serta, and later, at image-licensing business Corbis. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.