Licensing fees, project delays and economic downturn hobble horse track operator.
Lately, the investment bank has been on a roll, growing several facets.
The PE-backed company, which has endured its own credit issues, uses a loan-to-own play to gain control of the struggling casino.
Intel Corp. plans to acquire Virtutech Inc., a simulation software developer, and other recent transactions.
The buyout firm will provide $25 million in debtor-in-possession financing.
Marlin Equity's David McGovern wants the deals no one else will touch.
Recent deals give reason for optimism in the restaurant space, though certain characteristics are required for assets to generate any interest.
As Miller Buckfire evolves into a full-service boutique, its strong name in restructuring may be its biggest hurdle.
The propensity to 'amend and extend' should yield a buildup of distressed opportunity.
Opportunities abound in a distressed market, though many still have to get their bearings.