President & Founder, https://xitter.cf/t.co/htj84IYMOF; previously @SkaddenArps Subscribe to our free Chapter 11 newsletter: https://xitter.cf/t.co/yekadJ7ye5

Chicago, IL
Joined December 2008
Randall G. Reese retweeted
Jensen Huang: We're creating a new financial asset class The lawyers: We're not creating a new financial asset class, please do not regulate this like a new financial asset class SEC: got it
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Randall G. Reese retweeted
The percentage of credit-card balances that were at least 90 days delinquent rose to 13.12% in q1, the highest level in 15 years, and the most since the period following the 2008 financial crisis
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Randall G. Reese retweeted
Interested in learning more about private credit? Elisabeth de Fontenay (@DukeLaw) and I wrote a primer on it last year in the @YaleLJournal: papers.ssrn.com/sol3/papers.…
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Randall G. Reese retweeted
A New Jersey Catholic diocese has agreed to a $180 million settlement to resolve allegations of clergy sexual abuse, a figure far exceeding agreements in some large dioceses but still dwarfed by other massive settlements. abcnews.link/rWbVq5P
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Randall G. Reese retweeted
In light of recent market and financial conditions, and to further the protection of clients and the firm, BlockFills took the action last week of temporarily suspending client deposits and withdrawals. Clients have been able to continue trading with BlockFills for the purpose of opening and closing positions in spot and derivatives* trading and select other circumstances. BlockFills is committed to transparency in its communications and to the protection of its clients. Management has been working hand in hand with investors and clients to bring this issue to a swift resolution and to restore liquidity to the platform. The firm has also been in active dialogue with our clients throughout this process, including information sessions and an opportunity to ask questions of senior management. BlockFills is working tirelessly to bring this matter to a conclusion and will continue to regularly update our clients as developments warrant. *Derivative Products available to Qualified Counterparties Only. For US Persons, client is an Eligible Contract Participant (“ECP”) as defined in Section 1a(18) of the Commodity Exchange Act and related guidance. Non-US Persons must qualify as an Eligible Professional Client. BlockFills only provides services to customers resident in the UK who fall within an exemption available under the UK financial promotion regime (investment professionals, high net worth individuals, high net worth companies, unincorporated associations, certified sophisticated investors, etc.). blockfills.com/2026/02/11/bl…
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Randall G. Reese retweeted
$50 will get you a few of the Saks third-out bonds
That Amex Saks credit is so silly. What can I buy at Saks for $50 lmfao
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I really enjoyed working on this story about how foreign airlines turn to Chapter 11 in the US to access legal protections and tools that are often unavailable in their home countries. It was nice to include both US and LatAm voices. (No paywall!) @blaw news.bloomberglaw.com/bankru…
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Randall G. Reese retweeted
San Francisco’s once premier shopping center (Westfield mall) the Sunday before Christmas
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Randall G. Reese retweeted
Sonder, a short rental company, is working with Kirkland & Ellis on a potential restructuring, per sources. $SOND
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Randall G. Reese retweeted
State-level data makes it clear why the U.S. economy is on the edge of recession. Based on my assessment of various data, states making up nearly a third of U.S. GDP are either in or at high risk of recession, another third are just holding steady, and the remaining third are growing. States experiencing recessions are spread across the country, but the broader DC area stands out due to government job cuts. Southern states are generally the strongest, but their growth is slowing. California and New York, which together account for over a fifth of U.S. GDP, are holding their own, and their stability is crucial for the national economy to avoid a downturn.
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Randall G. Reese retweeted
AI is powering a comeback across much of San Francisco. That recovery isn’t doing much to stop its biggest mall, San Francisco Centre, from imploding. wsj.com/real-estate/commerci… via @WSJ
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Randall G. Reese retweeted
BREAKING: Office Properties Income Trust $OPI is preparing to file for bankruptcy as soon as next week: 9fin.com/news/279b2014-6cf9-… with Jane Komsky
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Randall G. Reese retweeted
Auto parts maker First Brands and lenders are working with advisors for restructuring contingency, Geoff Burrows, Skylar Chen and I reported for @OctusCredit earlier this week citing sources
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Consumer expectations of finding a new job fell to the lowest since in least 12 years, according to New York Fed data that only goes back to 2013 newyorkfed.org/microeconomic…
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Spirit Airlines is exploring strategic alternatives after its recent financial restructuring failed to put the budget carrier on a sustainable path, people familiar with the matter said wsj.com/articles/spirit-airl…
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Randall G. Reese retweeted
Goldman Sachs notes that the recent 2 month job revisions were the largest outside recessionary times since … 1968. Goldman expects more large revisions next month.
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Randall G. Reese retweeted
Certain creditors of Office Income Properties Trust $OPI have begun confidential talks ahead of the REIT’s more than $900m of debt maturities through 2027. Read more on @9finHQ: 9fin.com/news/f3bab87c-c3de-…
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Randall G. Reese retweeted
Not a good jobs report: _ Revisions have reduced previous job counts by 258,000 _ Fewer people in job market, LFPR down for 2nd month _ Manufacturing has cut 37,000 jobs in past 3 months _ Most of the 73,000 jobs added were in one sector -- health care.
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