Dundon

Bankruptcy Filings up to the 3rd quarter of 2023 exceed total filings for 2021 and 2022

Retrieved on: 
Thursday, October 5, 2023
Diamond, Aircraft, Medicine, Envision Healthcare, Real estate, Yellow Corporation, Environment, Bed, YTD, Chapter 15, Title 11, United States Code, Moelis & Company, Jefferies Group, Diamond Sports Group, Mallinckrodt, FTI, A&M, Chapter 22, Investment company, Western Global Airlines, Chapter 33 (G.I. Bill of Rights), Currency crisis, Jefferies, Investment banking, Health care, Evercore, Bankruptcy, Guggenheim, McDermott Will & Emery, Data, Amyris, Adviser, Guggenheim Partners, Sale, Multimedia, Dundon, Quarter, Huntsman Corporation, Mace Head Atmospheric Research Station, National CineMedia, Construction, Cryptocurrency, Liability

BOSTON, Oct. 5, 2023 /PRNewswire-PRWeb/ -- According to Data compiled by New Generation Research's BankruptcyData, Bankruptcy Filings as of the end of the Quarter ended September 31, 2023, totaled 7518 year to date. This is the highest rate of bankruptcy since 2020, up sharply from last year. The total number of filings YTD in 2023 exceeds all filings for both 2021 and 2022, and is on a pace which rivals the activity of 2020, itself was a record year unequaled since the days of the Global Financial Crisis.

Key Points: 
  • BOSTON, Oct. 5, 2023 /PRNewswire-PRWeb/ -- According to Data compiled by New Generation Research's BankruptcyData , Bankruptcy Filings as of the end of the Quarter ended September 31, 2023, totaled 7518 year to date.
  • So far in 2023, there have been such filings versus 383 for all of 2022, an increase of over 70%, and there are still three months to go in 2023.
  • Also, the number of companies doing a round trip to Bankruptcy court among public and large private companies has risen markedly in 2023.
  • The pace of filings has been trending upwards during the course of the year as the graph below indicates.

Romeo A. Reyes Joins Dundon Advisers as Co-Head of Telecom Group

Retrieved on: 
Wednesday, September 6, 2023
Partnership, Dundon, Telecommunications, Jefferies, Research, Harvard College, Goldman Sachs, Romeo, UBS, Merrill (company), Economics

NEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Dundon Advisers LLC today announced telecommunications finance leader Romeo A. Reyes joined the firm as Managing Director and a leader in the firm’s telecommunications, media and technology (“TMT”) practice headed by firm Principal Peter Hurwitz.

Key Points: 
  • NEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Dundon Advisers LLC today announced telecommunications finance leader Romeo A. Reyes joined the firm as Managing Director and a leader in the firm’s telecommunications, media and technology (“TMT”) practice headed by firm Principal Peter Hurwitz.
  • Mr. Reyes was most recently chief financial officer of Endurance Acquisition Corporation, now known as SatixFy Communications.
  • He was a senior telecommunications investment banker with Jefferies and BTIG from 2015 to 2021.
  • Mr. Hurwitz said “I am thrilled Romeo has chosen Dundon to continue his three-decade, highly- acclaimed, career providing investment, M&A and restructuring advice to operators, equity investors and creditors in the telecommunications sector.

Employer Direct Healthcare Announces Partnership with Coast Aluminum

Retrieved on: 
Tuesday, December 1, 2020
Thomas Dundon, Employee benefits, Dundon, Economy of the United States, Businesspeople, Business

DALLAS, Dec. 1, 2020 /PRNewswire/ -- Employer Direct Healthcare (EDH) is excited to announce its new partnership with Coast Aluminum.

Key Points: 
  • DALLAS, Dec. 1, 2020 /PRNewswire/ -- Employer Direct Healthcare (EDH) is excited to announce its new partnership with Coast Aluminum.
  • As an added benefit, when participants elect to use a participating provider through the SurgeryPlus benefit Coast Aluminum will waive all coinsurance and deductible obligations.
  • Employer Direct Healthcare is an innovative health care services business providing high-quality and cost-efficient solutions for self-funded employers and their members.
  • Employer Direct Healthcare is majority owned by Dundon Capital Partners, LLC, a Dallas-based private investment firm, founded by Tom Dundon.

Employer Direct Healthcare announces the completion of a significant growth investment from Serent Capital

Retrieved on: 
Tuesday, October 27, 2020
Sérent, Dundon

"We are delighted to be partnering with Serent,"saidJohn Zutter, CEO of Employer Direct Healthcare.

Key Points: 
  • "We are delighted to be partnering with Serent,"saidJohn Zutter, CEO of Employer Direct Healthcare.
  • Following the transaction, Employer Direct's prior control owner, Dundon Capital Partners, will remain a significant and active investor in the company.
  • Jeff Vanderbilt, CFO of Employer Direct, commented: "We are thrilled to join the Serent team; their growth and investment team are highly complementary with the transactional and operational support we will continue to access through Dundon Capital Partners."
  • Employer Direct Healthcare is a market-leading health care services business providing high-quality and cost-efficient solutions for self-funded employers and their members.

Employer Direct partners with Coca-Cola Consolidated

Retrieved on: 
Friday, January 4, 2019
Food and drink, Thomas Dundon, Economy of the United States, The Coca-Cola Company, Dundon, Coca-Cola, Business

DALLAS and CHARLOTTE, N.C., Jan. 3, 2019 /PRNewswire/ --Employer Direct Healthcare is excited to announce its partnership with Coca-Cola Consolidated (NASDAQ: COKE) (the "Company").

Key Points: 
  • DALLAS and CHARLOTTE, N.C., Jan. 3, 2019 /PRNewswire/ --Employer Direct Healthcare is excited to announce its partnership with Coca-Cola Consolidated (NASDAQ: COKE) (the "Company").
  • John Zutter, CEO of Employer Direct Healthcare said, "We are extremely excited to be partnering with the largest distributer of the world's most recognizable brand.
  • Employer Direct Healthcare is an innovative healthcare service business providing a high-quality and cost-efficient solution for large, self-funded employers and their members.
  • Employer Direct Healthcare is majority owned by Dundon Capital Partners LLC, a Dallas-based private investment firm founded by Tom Dundon.