What the Pros Say (Amazon, Canada, Makewhole, Third Party Releases)

in

Amazon & Antitrust. This law journal piece runs through the anticompetitive aspects of Amazon's structure.

Canada and Environmental Issues. As Baker McKenzie's Michael Nowina and Glenn Gibson write here, the Supreme Court of Canada will revisit whether secured creditors ought to be paid before environmental claims stemming from abandoned oil and gas wells.

Energy. Lazard Ltd. shares its analysis of the levelized cost of (wind and solar) energy.

Makewhole/Interest Rate. While In re MPM Silicones LLC (Momentive) gives restructuring geeks subjects to opine on (here, Kramer Levin Naftalis & Frankel LLP's Greg Horowitz and Marsha Sukach; here, King & Spalding LLP's Austin Jowers; here, Latham & Watkins LLP's Mitchell Seider, David Hammerman, Keith Simon, Jeffrey Mispagel, and Annmarie Reilly), the company's owners are moving forward towards an exit. The company plans a $350mm IPO. In the fiscal year closed June 30, the company had sales of $2.3b and losses of $146mm. The largest owners are Apollo Capital Management, Oaktree Capital Management, D.E. Shaw, and Pentwater Capital Management.

Third Party Releases. A lineup of Shearman & Sterling LLP partners summarize recent Delaware caselaw.

What the Pros Say (Cov-Lite Loans, Obamacare, Media, Self-Driving Cars)

in

Cov-Lite Loans. Lots of focus on this subject lately. Here, Mark Laber and John Yozzo of FTI Consulting Inc. discuss the recent trend. 

Healthcare/Obamacare. Does anyone understand what the eff is going on? Here, courtesy of Bryan Cave LLP's Mark Duedall, Leah Fiorenza McNeill and Jacob Johnson, is a brief summary about what this week's (strange) turn of events may mean for those in the restructuring space. 

Impairment. Mark Broude and Jeffrey Mispagel from Latham & Watkins LLPdiscuss the recent Ultra Petroleum Corp. decision and the resultant circuit split emanating therefrom.

Media Company Disruption. This was an interesting piece by Ben Thompson - using Harvey Weinstein as context - about how traditional media companies have been disintermediated. 

Self-Driving Cars. The Brookings Institution released a report about investment in the new technology.