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They said it: Be careful what you do — last warning
29 days ago
In court filings, Highland Capital Management alleges that its founder and former chief executive James Dondero sent this ominous text message to its current CEO James Seery -
Highland files complaint against founder Dondero over "warning" text message allegation
1 month ago
Highland Capital Management has filed for preliminary and injunctive relief in a Texas court after becoming embroiled in a bitter row with its founder James Dondero -
Ex-Highland officials launch Dallas credit management firm
1 month ago
Former officials at Highland Capital Management - Mark Okada, Jack Yang and Trey Parker - have launched a new credit investment firm in Dallas named Sycamore Tree Capital Partners, with plans to invest in and issue CLOs as part of a focus on traded credit, structured products and special situations -
HarbourVest fights back over CLO fund investment after Highland's objection
3 months ago
HarbourVest Partners, the key investor in risk retention vehicle Highland CLO Funding, has shot back at Highland Capital Management in court, arguing it had not insisted on changing the manager on its CLO fund from Acis to Highland, as Highland had claimed -
Guernsey puts Highland wrangles out to pasture
4 months ago
A royal court’s dismissal of proceedings in Guernsey could spell the beginning of the end in Highland Capital Management’s legal action against former employee Josh Terry -
Highland no longer defendant in Citi's Revlon loan lawsuit
4 months ago
Citi has dismissed its suit against Highland Capital Management as it seeks repayment on a Revlon loan, according to court filings. The lawsuit remains open against another 11 defendants -
Details emerge on nature of Revlon payment 'error' and lender attitudes
4 months ago
Fresh details have emerged on the nature of the ‘operational error’ Citi says took place when it transferred $900 million to Revlon loan holders -
Citi files lawsuit against nine more lenders over 'accidental' $900 million Revlon transfer
4 months ago
Citi has filed a new lawsuit against nine more asset managers regarding its transfer of $900 million to Revlon lenders, which Citi says was made mistakenly. The bank is looking to claim the money back against lenders -
Highland case against ex-PM Terry dismissed for lack of jurisdiction
4 months ago
The island of Guernsey is famous for its high tidal range and dairy produce. But it is not the right place for Highland Capital Management to churn legal action over CLOs against former employee Joshua Terry - so says a royal court, dismissing litigation the company filed there in 2018 -
Acis CLO fights back against risk retention financier
5 months ago
A 2014 US CLO which was part of the acrimonious split between asset managers Acis Capital Management and Highland Capital Management has become the centre of a dispute stemming from a risk retention financing agreement signed in 2018 -
Three managers linked to CLO businesses borrow on Paycheck Protection Programme
6 months ago
Three asset management companies linked with CLO businesses borrowed up to $1.7 million between them on the Paycheck Protection Programme (PPP) - the US fiscal relief package to help small businesses impacted by the coronavirus pandemic, according to data released today by the Small Business Association -
Highland directors intervene to get CLO mismanagement lawsuit dropped
10 months ago
Details have emerged about the nature of the ‘CLO mismanagement’ lawsuit filed on behalf of a charitable fund, seeded by Highland Capital Management, after it was dropped by plaintiffs -
Charitable daf "seeded by Highland" files lawsuit alleging CLO mismanagement
11 months ago
A charitable organisation has filed a lawsuit against several parties managing and monitoring a pair 2.0 CLOs in which it has exposure to the equity tranche -
Highland Capital Management LP working to remove founder Dondero
1 year ago
Highland Capital Management LP is working with the unsecured creditors committee on a new management team while the US trustee demands an independent trustee to oversee the bankruptcy -
Highland Capital Management LP bankruptcy moves to hostile territory
1 year ago
Highland is set to return to the scene of trauma, as its restructuring moves to a Texas bankruptcy court -
Highland LP’s bankruptcy could trigger power grab, as hunt for assets begins
1 year ago
Creditors to Highland Capital Management's limited partner subsidiary are calling for a change of management to handle the firm's emergence from bankruptcy protection -
Highland files for bankruptcy
1 year ago
Highland Capital Management filed for Chapter 11 bankruptcy in the Bankruptcy Court in the District of Delaware (Docket No. 19-12239) -
Highland co-founder Okada to leave the firm
1 year ago
Mark Okada, co-founder of Dallas-based Highland Capital Management, will retire at the end of the year -
Global CLO b-wic round-up: 71% of equity positions trade as supply picks up
1 year ago
The European and US secondary CLO market took a step back this week as the primary CLO generated $7.8 billion of deal flow globally -
WhiteStar hires Highland portfolio manager to grow CLO investment business
1 year ago
WhiteStar Asset Management has made a big hire as it seeks to grow its CLO investment business -
Highland names new co-CIO
1 year ago
Highland Capital Management has promoted its global equity trading head to co-CIO, as former co-CIO is named co-head of private equity -
CLO single Bs to return with higher attachments
1 year ago
US CLO equity investors this year seem to be focused on downside risk and this is evident in the lack of single B-rated debt in 2019 CLOs. However, there is demand emerging for a new style of single B-rated tranches that are forcing some equity investors to reconsider their stance. -
Highland Crusader Fund dispute re-ignites in Delaware court
1 year ago
Highland Capital Management is weighing the financial impact of its ongoing litigation over crisis-era fund redemptions with the Redeemer Committee of the Highland Crusader Fund -
CLO portfolio manager Terry takes over at Acis as it emerges from bankruptcy
1 year ago
Josh Terry has taken control of the CLO management business used to run after Acis Capital Management announced that its reorganisation plan became effective on 15 February -
Acis Capital Management's Chapter 11 restructuring plan confirmed
1 year ago
The United States Bankruptcy Court in Dallas today confirmed the chapter 11 restructuring plan of Acis Capital Management
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