Bonds

Securities that reflect a debt of the company

ARTICLES

SDRL Files Prepackaged Bankruptcy

Seadrill Chapter 11 Petition, Plan Filed

Seadrill and more than 80 affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 17-60079.
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rue21 Plan of Reorganization Approved

rue21 Plan Confirmed

The U.S. Bankruptcy Court issued confirmed rue21's First Amended Joint Plan of Reorganization.
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Gymboree Plan of Reorganization Approved

Gymboree Plan Confirmed

The U.S. Bankruptcy Court confirmed Gymboree's Amended Joint Chapter 11 Plan of Reorganization. Gymboree announced that the Company anticipates completing its restructuring and emerging from Chapter 11 protection by the end of the month--after conditions of the Plan are satisfied.
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Vanguard Natural Resources Emerges Bankruptcy

Vanguard Natural Resources Supplement Filed, Plan Effective

Vanguard Natural Resources filed with the U.S. Bankruptcy Court a sixth amended Supplement for the Company's Modified Second Amended Joint Plan of Reorganization. Vanguard Natural Resources' Modified Second Amended Joint Plan of Reorganization subsequently became effective, and the Company emerged from Chapter 11 protection.
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TVIA Files Bankruptcy

TerraVia Holdings Chapter 11 Petition Filed

TerraVia Holdings (a/k/a Solazyme) and two affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 17-11655.
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Tidewater Emerges Bankruptcy

Tidewater Plan Effective

Tidewater's Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection.
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SunEdison Plan of Reorganization Approved

SunEdison Plan Confirmed

The U.S. Bankruptcy Court confirmed SunEdison's Second Amended Joint Plan of Reorganization.
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DOCUMENTS AND FILES

Bankruptcy Investing

Learn & Avoid These 10 Common Mistakes

Free Report: Turnaround Investing Mistakes

Turnaround Investing Blog

Turnaround Investing Blog

A Closer Look At Two Activist Campaigns

Watch to see if ADP’s CEO Carlos Rodriguez inadvertently helps Pershing, and his aggressive and sometimes personal stance against Ackman could backfire. Overall, because of the stock’s strong returns and Ackman’s weak credibility, we would give this activist campaign a low chance of making ADP a successful turnaround investment. For turnaround investors, the Trian campaign appears to have a win-win opportunity for investors--either Peltz joins the board and learns enough to re-invigorate P&G, or loses and management must either execute (boosting earnings and the shares) or they will face a more drastic proxy campaign with higher odds of success down the road. We think the P&G campaign could turn out well for shareholders.  Read More.

Warrants: A Solid Investment Opportunity

Warrants provide a valuable tool for the savvy investor. When selected and implemented well, they can be a smart addition to a diversified investor’s portfolio. Like options, warrants are not equity. They only convey the right to buy equity. As such, neither holder is entitled to dividend rights, pre-emptive rights, proxy voting or any share of any liquidation.

 

Value Investing

 

Warrants' return potential can be very high, but they also carry significant risks. Learn what they are, how they work, strategies to minimize risk and find profit with warrants.

Here's Why You Should Invest in Asset Managers

 

stock market advicex

 

This Forbes article cites a recent MoneyShow write-up that recommends investors take advantage of the strong stock market and potential interest rate hike by "putting some of your investment assets into the shares of asset management stocks."

 

The article praises The Turnaround Letter's OAK purchase recommendation and quotes George Putnam: "As the corporate debt binge that we’ve experienced since 2009 comes to an end, Oaktree will benefit from a growing number of restructurings and bankruptcies."  

 

Learn more about Putnam's investing success with turnaround stocks.