The Distressed Debt Report - July 10, 2007

High-Profile Fund Failures May Slow Market Sooner

New research from Deutsche Bank and Dresdner Kleinwort points inescapably to dark days ahead for middle market corporate borrowers. And those days may not be far away. Full Story

Low Default Rates in U.S. Drive Hunt for Deals to Eastern Europe, Asia

The lack of distressed and junior capital opportunities in the U.S. is pushing a growing number of banks and funds to scour markets outside the country. Full Story

Volume Remains Strong

A manager of collateralized loan obligations said that investor nervousness is starting to impact pricing, although issuance remains as brisk as ever. Full Story

• Decision on Le-Nature’s Liquidation Expected Next Month
• Judge Decides Not to Address Insider Trading in Dura Bankruptcy
• Del Laboratories in Default on $360M in Debt after Filing Delay
• Amp’d Mobile Gets Reprieve from Verizon
• Van Kampen Raises $1.42B for Debt Fund
• Wells Fargo Foothill Starts Tech Lending Unit
• Marquette Launches Health Care Unit
• CapitalSource Stockpiles Capital with $1B Loan
• Former Bankruptcy Judge Brozman Dies
• Bankruptcy Lawyer Prezant Joins Bryan Cave
• Investment Banker Abelow Moves to Deutsche Bank from Houlihan Lokey