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iHeartMedia, Inc.
Case Number:
4:18-bk-31274
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Firms
- Davis Polk
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- Orrick Herrington
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Companies
- Comcast Corp.
- American Tower Corp.
- U.S. Bancorp
- iHeartMedia Inc.
- SoundExchange Inc.
- Sony Music Entertainment Inc.
- TPG Specialty Lending Inc.
- Rhapsody International Inc.
- Ally Financial Inc.
- Iron Mountain Inc.
- MGM Grand Hotel LLC
- Deutsche Bank AG
- Minnesota Vikings Football LLC
- Moelis & Co.
- Wilmington Trust Corp.
- Computershare Ltd.
- Bain Capital Crypto
- Fox Corp.
- Liberty Media Corp.
- LionTree LLC
- Ernst & Young LLP
- Duquesne Light Co.
- TR Capital Management LLC
- Highfields Capital Management LP
- Microsoft Corp.
- Wells Fargo & Co.
- Accenture PLC
- Citigroup Inc.
- UMB Financial Corp.
- Oracle Corp.
- Toyota Motor Corp.
- International Business Machines Corp.
- Screen Actors Guild-American Federation of Television & Radio Artists
- Salesforce.com Inc.
- Google LLC
- Crown Castle Inc.
- Clear Channel Outdoor Holdings Inc.
- Denver Broncos Football Club
- Jefferies Financial Group Inc.
Government Agencies
- Texas Comptroller of Public Accounts
- Pennsylvania Department of Revenue
- Louisiana Department of Revenue
- Georgia Department of Transportation
- Connecticut Department of Revenue Services
- Oregon Department of Revenue
Sectors & Industries:
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June 08, 2018
IHeartMedia Can Pay Employee Bonuses, Access $450M DIP
A Texas bankruptcy judge on Thursday approved iHeartMedia Inc.'s requests to fund its Chapter 11 restructuring with a new $450 million revolving credit facility and pay its non-insider employees an aggregate of up to $66 million in bonuses to encourage peak performance.
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May 25, 2018
US Trustee Seeks More Info On IHeartMedia Worker Bonuses
A U.S. Trustee on Friday asked a Texas bankruptcy court to deny radio broadcast giant iHeartMedia Inc. permission to file the metrics for its proposed $108 million employee bonus plan under seal, saying stakeholders need to be able to evaluate the plan.
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May 23, 2018
IHeartMedia Gets OK To Secure Citibank Loan, Notes
A Texas bankruptcy court Tuesday granted bankrupt radio giant iHeartMedia Inc. permission to secure its pre-Chapter 11 debt to priority noteholders and Citibank.
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May 18, 2018
IHeartMedia Seeks OK To Access $450M Ch. 11 Credit Facility
Bankrupt radio giant iHeartMedia Inc. sought permission Thursday to access a $450 million debtor-in-possession credit facility, with an option to increase the amount by $100 million, to pay back its prebankruptcy asset-based lenders and fund its Chapter 11 case.
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May 17, 2018
Creditors Slam iHeartMedia For Double-Adviser Request
Creditors of iHeartMedia on Wednesday urged a Texas bankruptcy court to reject the radio broadcast giant's request to retain a pair of financial advisers, saying they duplicate each other's services and their fees may reach an excessive $90 million.
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May 09, 2018
Bankrupt IHeartMedia Seeks OK To Pay $108M In Bonuses
Radio broadcast giant iHeartMedia Inc. Tuesday asked a Texas bankruptcy court to approve the payment of up to $108 million in bonuses to more than 700 employees, saying the incentive is required for its restructuring to succeed.
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May 01, 2018
IHeartMedia's Reorg Proposal Aims To Cut Debt By $10B
The proposed Chapter 11 reorganization plan filed in Texas by radio broadcast giant iHeartMedia Inc. and its debtor affiliates aims to reduce the company's balance sheet by more than $10 billion.
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