This episode covers key developments in two major restructuring and bankruptcy cases: Inotiv, a global contract research organization serving the pharmaceutical and biomedical research industries, files a prepackaged Chapter 11 designed to eliminate approximately $325 million in funded debt. Backed by overwhelming creditor support, the plan converts debt into equity, preserves more than $300 million in tax attributes, and utilizes a unique DIP-to-exit financing structure that replaces cash re...
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