News Headlines for Mar 30, 2017

Toledano’s Brookhill files for Chapter 11 on EV buildings, and his $145M deal with Sutton is no longer happening

,Owner of $40M Irving Place Office Building Files for Chapter 11 | Commercial Observer

,In re General Wireless Operations Inc. (d/b/a RadioShack) (Bankr. D. Del. Case No. 17-10506): Final Store Closing Sale Order – Chapter 11 Cases

,Delaware Bankruptcy Court Opinion: In re Affirmative Insurance Holdings, Inc. (Case No. 15-12136 (CSS)) Entered March 29, 2017 – Chapter 11 Cases

,In re Westinghouse Electric Company LLC: First Day Declaration of Lisa J. Donahue (Chief Transition and Development Officer) – Chapter 11 Cases

,Private Equity Is Raising Its Bets to Save Distressed Positions – Bloomberg

,Atlantic City appears to be on the rebound, according to study | A.C. Impact | pressofatlanticcity.com

,Subprime Credit Cards Are On The Rise

,Westmoreland Coal Cut To CCC+ On “Unsustainable Capital Structure”

,Puerto Rico utility PREPA and creditors working on new debt deal | Reuters

,Amazon plans layoffs at Quidsi unit after losses | Reuters

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,In re SunEdison, Inc.: Disclosure Statement With Respect to the Joint Plan of SunEdison, Inc., et al., Pursuant to Chapter 11 of the Bankruptcy Code – Chapter 11 Cases

,A Tale of Two Retailers: Which Stores Will Shutter or Survive? [Podcast]

News Headlines for Mar 29, 2017

Ocean Rig UDW files for bankruptcy protection – MarketWatch

,Ocean Rig UDW Inc. Reaches Agreement On Comprehensive Deleveraging And Recapitalization Transaction

,Unreachable Huishan Executive Exposes China Debt, Bank Risks – Bloomberg

,Jevic: SCOTUS Holds That Priority Rules Apply in Structured Dismissals – Harvard Law School Bankruptcy Roundtable

,$45 Million for Stay Violations – Credit Slips

,Puerto Rico’s major bondholders critical of fiscal turnaround plan | Reuters

,Marsh Supermarkets poised for more closings, sued for nonpayment of rents | IBJ.com

,There May Be a Sweet Spot for China Distressed Debt – Bloomberg

,Delaware Bankruptcy Court Reinforces that Hindsight is not a Basis to Object to Indenture Trustee Fees | Clark Hill PLC – JDSupra

,Tinley Park based-buyer of distressed homes files for Chapter 11 bankruptcy – Chicago Tribune

,Congressman Says Puerto Rico Should Honor Prepa Restructuring Deal – WSJ

,EuroResource—Deals & Debt – March 2017 | Jones Day

,Bankruptcy proposal for La Have company extended | The Chronicle Herald

,Toshiba’s U.S. Nuclear Unit Westinghouse Files for Bankruptcy – Bloomberg

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News Headlines for Mar 28, 2017

Fitch Identifies Six Media Companies as Likely to Default in 2017 – WSJ

,How to Manage Relationships With Financially Distressed Companies

,9 restaurants, 1 kitchen, no dining room — virtual restaurants open for online delivery – Chicago Tribune

,How For-Profit Colleges Sell ‘Risky Education’ To The Most Vulnerable : NPR

,Hertz Shares Bear Brunt of ‘Freak Out’ Over Used-Car Price Drop – Bloomberg

,New Chairman at Paramount Pictures Faces an Arduous Task – The New York Times

,Tidewater Announces Expiration of Limited Waivers from its Lenders and Noteholders

,Acacia charter schools to shut down after months of turmoil

,From Boardroom to C-Suite: Why Would a Company Pick a Current Director as CEO?

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News Headlines for Mar 27, 2017

GameStop Closing at Least 150 Stores Amid Sales Decline – WSJ

,Bondholders Trust China Too Much – Bloomberg Gadfly

,Northeast Ohio consumers complain about hhGregg delivery delays – newsnet5.com Cleveland

,Sears’ plan to sell brands no salve for financial woes | Reuters

,Examining Financial Struggles of Higher Education Sector – Episode 198 | ABI

,“The Life Settlement Industry – Bankruptcy Issues – Part 1” – Berger Singerman Law Blog

,The Life Settlement Industry – Bankruptcy Issues – Part 2 – Berger Singerman Law Blog

,Keeping transformations on target | McKinsey & Company

,A New Twist in iHeartMedia’s Debt Struggles – The New York Times

,Honeymoon’s Over for Peer-to-Peer Lending – Bloomberg Gadfly

,Jevic: The Supreme Court Gives Structure to Chapter 11 Structured Dismissals | Basis Points

,Iconic NYC eateries file Chapter 11 amid finance restructure | Page Six

,Dry cleaners, seeking new ways to survive, take inspiration from restaurants and retail – Chicago Tribune

,Howard University Hospital shows symptoms of a severe crisis – The Washington Post

,Absolute Priority Remains Absolute – US Supreme Court Holds Structured Dismissals Cannot Violate Priority Rules | Dechert LLP – JDSupra

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New Bankruptcy Court Case Filed in the Bankruptcy Court: 3:17-ap-03006- Committee of Unsecured Creditors v. CoBank, ACB

A new case was just opened in the Bankruptcy Court. The case number and the debtor’s name/adversary complaint plaintiff(s) and defendant(s) are: 3:17-ap-03006- Committee of Unsecured Creditors v. CoBank, ACB.

This is a breaking news story. More details about this bankruptcy court filing are available on Chapter11Dockets.com.

New Bankruptcy Court Case Filed in the Bankruptcy Court: 3:17-ap-03005- Committee of Unsecured Creditors. v. Belkorp Industries Inc.

A new case was just opened in the Bankruptcy Court. The case number and the debtor’s name/adversary complaint plaintiff(s) and defendant(s) are: 3:17-ap-03005- Committee of Unsecured Creditors. v. Belkorp Industries Inc..

This is a breaking news story. More details about this bankruptcy court filing are available on Chapter11Dockets.com.