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Alan Zimmerman

Associate Director

Trained as an attorney, Alan has more than 25 years of experience in financial journalism. He began covering bankruptcies in 1989 at Dow Jones where he founded and edited the newsletter, the Daily Bankruptcy Review. For seven years he was editor-in-chief for SNL Financial, a news and data company focused on the bank and thrift, financial services, real estate, energy, and media and communications sectors. In September 2008, he returned to the bankruptcy and distressed sector and to hands-on reporting, establishing and developing coverage for LCD. Since the financial crisis, he has covered almost all major Chapter 11 cases by companies including Chrysler, GM, LyondellBasell, Six Flags, Visteon, Dynegy, American Airlines and Kodak.

Articles by Alan Zimmerman

WeightWatchers files prepackaged Chapter 11 to eliminate $1.15B of debt

The company said its goal was to emerge from Chapter 11 in about 45 days, “if not sooner.”
May 7, 2025

Court of Appeals ruling in Serta puts uptier transactions on shakier ground

The ruling could have implications for liability management exercises.
January 6, 2025

Wellpath files for Chapter 11; lender RSA calls for sale, new equity investment

The company said that its current executive team would remain in place.
November 14, 2024

Avon Products files Chapter 11 to address legacy talc liabilities

The company’s operating businesses outside the US are not a part of the Chapter 11 filing.
August 15, 2024

Supreme Court’s Purdue ruling may be more limited than some fear

Some news reports and legal analyses warned of a potential sea change in the way bankruptcy will be used in the future to respond to mass tort liability.
July 2, 2024

Diamond Sports warned that reorg plan may not be viable without Comcast deal

According to Major League Baseball, “these Chapter 11 cases now hang by the thinnest of threads.”
May 15, 2024

WeWork noteholder group slams lack of progress in bankruptcy case

According to the ad hoc group, the case is no further along today that it was ten weeks ago.
April 25, 2024

Diamond Sports nets RSA, $450M DIP, Amazon investment and Sinclair settlement

The company said that it has agreed with “key creditors … on financial terms and a go-forward capital structure that will be the foundation of the reorganization plan.”
January 17, 2024

Bankruptcy: MLB opposes Diamond Sports’ plan exclusivity extension, says ‘time is up’

Major League Baseball (MLB) objected to a further extension of Diamond Sports Groups exclusive period to file and solicit acceptances to a reorganization plan.
October 12, 2023

Bed Bath & Beyond Chapter 11 liquidation plan nets confirmation

The company’s assets were purchased in June by Overstock.com, while the company’s Buy Buy Baby unit’s intellectual property assets were acquired by Dream on Me Industries.
September 20, 2023