Daily Bankruptcy & Restructuring Newsletter for March 11, 2015

Allied Nevada Gold (NYSE: ANV) Files Chapter 11 Petitions…

Court Docket (Bankr. D. Del.): Declaration of Executive Vice President, Secretary and Chief Financial Officer of Allied Nevada Gold Corp. in Support of First Day Motions (Restructuring Support Agreement Included as Exhibit)


BloombergBusiness: Getty Images Bonds Fall as S&P Cuts Rating Deeper Into Junk


Reuters: Prime Healthcare pulls offer for struggling hospitals in California


BloombergBusiness: Junk-Bond Protections Hit Lowest Quality on Record, Moody’s Says


Wall Street Journal: Gigaom Shuts Down, But Won’t File for Bankruptcy


WITF Channel 5: Pa. lawmakers get warned on Scranton’s pension debt


Wall Street Journal: Aereo Accuses Broadcasters of Chilling Bidding in Asset Sale


SEC Filing: Halcón Resources Corporation entered into an amendment to its 8%  senior convertible promissory note due 2017 in the principal amount of approximately $290 million issued to HALRES LLC extending the maturity date of the HALRES Note by three years, from February 8, 2017 to February 8, 2020


BloombergBusiness: Barnes & Noble Profit Misses Estimates as Breakup Looms


Wall Street Journal: Energy Future Wins Approval to Pay Off Up to $750 Million in Debt


TreppWire: More Bad News for CMLT Deal: 2008 Loan Sees Collateral Value Reduced by Over 60%


AlixPartners: AlixPartners Survey Points to an Increase in Chapter 11 Business Filings


Bloomberg BNA: Layoffs Hit Kasowitz Benson


Weil, Gotshal & Manges: Three’s a Crowd: Payoffs, Numerosity, and Involuntary Petitions

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