Welcome to the Restructuring Debt Review (the “RDR”). The RDR blog is devoted to covering legal developments in the areas of troubled businesses, distressed debt and insolvency law. Many of the posts will discuss recent developments under the federal Bankruptcy Code as it applies to local, regional, national and international situations. We intend all of our posts to report on these developments from a client’s perspective, whether the client is a lender, borrower, business or individual; creditor or debt trader; or counterparty to an insolvent entity. This area of the law punishes those who sit back and wait. So, please, read on.