Character AI files Chapter 11 as child-safety lawsuits mount

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News & Analysis

Distressed

Sidley Austin pushes restructuring expansion with hires from Slaughter and May and Clifford Chance

Sidley Austin has hired two counsel from Slaughter and May and Clifford Chance as it expands its European restructuring practice in London, which will reach 15 lawyers by next year, a firm representative told 9fin.

12 Oct 2026

| Europe

News & Analysis

Distressed

Private Credit

Hot Stacks — The force majeure clause haunting data center debt docs

Just in time for Halloween, AI infrastructure credit investors may find themselves spooked after Oracle recently invoked a force majeure clause at a major New Mexico data center development.

8 Oct 2026

| US

News & Analysis

Distressed

Déjà vu — Kem One brings distressed disposals back to France

Kem One’s restructuring has brought back distressed disposals to France paving the way for alternatives to the French in-court processes.

7 Oct 2026

| Europe

News & Analysis

Distressed

Details emerge of Man City strategy as it appeals Premier League charges

Manchester City Football Club could argue that the independent commission that found it guilty of breaking Premier League financial rules over a nine-year period should not have the power to push a company to a potential insolvency situation, according to 9fin sources.

6 Oct 2026

| Europe

| US

News & Analysis

Distressed

BT takeover of TalkTalk to wipe out over £1bn debt

BT Group’s acquisition of TalkTalk will lead to almost all of the UK telco’s £1.5bn debt being written off, according to 9fin sources.

5 Oct 2026

| Europe

News & Analysis

Distressed

AMC completes refi odyssey, wiping away remnants of past LMEs

AMC Entertainment has completed a $3.97bn refinancing, replacing nearly all of the debt created by its elaborate liability management transactions over the past six years with longer-dated loans and bonds. The deal buys the cinema operator breathing room through 2031 and consolidates collateral into a broader security package.

2 Oct 2026

| Europe

| US