JD Supra

Fifth Circuit Rejects Non-Pro Rata Uptier Transaction From Serta Simmons; Landmark Ruling May Have Chilling Effect on Similar Uptier Transactions

On December 31, a unanimous three-judge panel of the U.S. Court of Appeals for the Fifth Circuit (the Court or the Fifth Circuit) held that the controversial $200 million Serta Simmons Bedding (SSB) ...
Business Wire

MechCan Inc. Announces Transaction with Pro Ace Heating & Air Conditioning

TORONTO--(BUSINESS WIRE)--MechCan Inc. (“MechCan”) is pleased to announce its acquisition of Pro Ace Heating & Air Conditioning (“Pro Ace”). Pro Ace gives Vancouver homeowners the peace of mind that ...
JD Supra

Fifth Circuit Rules that Serta Simmons Bedding, LLC’s 2020 Uptier Transaction Violated Pro Rata Distribution Covenant

In a landmark ruling, the US Court of Appeals for the Fifth Circuit ruled that a June 2020 refinancing transaction (the Uptier Transaction) entered by Serta Simmons Bedding, LLC (SSB, or the Debtor) ...
Business Wire

Permian Resources to Acquire Earthstone Energy in All-Stock Transaction, Creating a $14 Billion Premier Delaware Basin Independent E&P

MIDLAND & THE WOODLANDS, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) and Earthstone Energy, Inc ...
Deadline.com

The Regulatory Road: Netflix Banking On Overcoming The Trump Factor In Warner Bros. Deal — Analysis

First and foremost, given all the publicity surrounding the Warner Bros. Discovery auction, is the Donald Trump factor, and how his administration ultimately handles its review of the transaction. In ...
Seeking Alpha

Permian Resources to Acquire Earthstone Energy in All-Stock Transaction, Creating a $14 Billion Premier Delaware Basin Independent E&P

“We believe the acquisition of Earthstone represents a compelling value proposition for our shareholders and strengthens our position as a premier Delaware Basin independent E&P. Earthstone’s Northern ...