RE-FILE: Revisiting the LBO Bankruptcy Class of 2001

CORRECTION: The previously posted file contained three companies which were in default but had not yet filed for bankruptcy. Those non-bankrupt (but in default) companies are Monitor Clipper Partners’s Recycled Paper Greetings, Cerberus’s Residential Capital Partners, and GWLS Holdings, owned by Investcorp. The updated file, sans defaulters, is available for download below. *** And another one gone and another one gone… Today SemGroup, an energy service provider backed by Carlyle Group and Riverstone Holdings, filed for Chapter 11. It’s apparently the largest bankruptcy this year, in terms of assets. The company had assets of nearly $6.14 billion and liabilities of around $7.53 billion. In light of SemGroup’s filing and the rumors surrounding Sun Capital’s Mervyns, I thought we ought to revisit the LBO Bankruptcy Class of... [read full story]