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GSO Capital Partners

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2018

    Hovnanian debt-exchange litigation

    GSO accumulated approximately $330 million in credit protection on Hovnanian Enterprises in 2017 before the company pursued a debt refinancing and exchange. Solus Alternative Asset Management attempted to block the transaction, arguing that it caused harm to the market and its own position. In January 2018, a federal judge denied Solus's request for an injunction, stating that the evidence did not sufficiently demonstrate irreparable harm.

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