Daily Bankruptcy & Restructuring Newsletter for February 17, 2015

Crain’s Detroit Business: Chassix misses 2nd bond payment; creditors concerned

BloombergBusiness: Cayman’s Caledonian Bank Files Bankruptcy After SEC Freeze

Wall Street Journal: California Halts Grants to Corinthian’s Heald Students

Law360: Make-Wholes Not Catching On After Momentive, Attorneys Say

Reuters: Bankrupt OW Bunker subsidiary owed $329 million

The Telegraph: North Sea oil bankruptcy risk surges amid calls for tax cuts: Insolvency experts say number of oil and gas businesses at significant risk up 69%

Reuters: Orix considering support for Skymark Airlines – Kyodo

SkyNews: AlixPartners Snaps Up UK and European Arm of Zolfo Cooper In £60m Deal

Squire Patton Boggs: Illinois And Chapter 9: The Update

Credit Suisse: Global Investment Returns Yearbook 2015 (PDF File)

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