Stearns exits bankruptcy after judge overrules objections
Mortgage lender Stearns has restructured more than US$150 million in debt. (Credit: iStock.com/Witthaya Prasongsin)
Having taken advice from outgoing Skadden restructuring co-head Jay Goffman, US mortgage lender Stearns Holdings has exited Chapter 11 after a US judge approved its rescue plan and dismissed objections.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now