Daily Bankruptcy & Restructuring Newsletter for March 18, 2015

Salus Files Adversary Complaint Related to RadioShack Bankruptcy…

Court Docket (Bankr. D. Del.): Adversary Complaint filed by Salus Capital Partners, LLC, in its capacity as Agent, against defendants Standard Wireless Inc.; General Wireless Inc.; Standard General L.P.; General Retail Holdings L.P.; General Retail Funding LLC; Litespeed Master Fund, Ltd.; Litespeed Management, L.L.C.; Cantor Fitzgerald Securities LLC; BlueCrest Multi Strategy Credit Master Fund Limited; DW Catalyst Master Fund, Ltd.; DW Value Master Fund, Ltd.; Saba Capital Management, LP; Macquarie Credit Nexus Master Fund Limited; Taconic Opportunity Master Fund L.P.; Taconic Master Fund 1.5 L.P.; T. Rowe Price Associates, Inc.; Mudrick Capital Management, LP.; and John Does #1-50


Quicksilver Resources Files Bankruptcy…

Court Docket (Bankr. D. Del.): Declaration of Senior Vice President, Chief Financial Officer and Treasurer of Quicksilver
Resources Inc. in Support of First Day Pleadings


Sobelmar Antwerp Files Bankruptcy…

Court Docket (Bankr. D. Conn.): Declaration of Vladimir Terechtchenkoin Support of First Day Pleadings


USA Synthetic Fuel Corporation Files Bankruptcy…

Court Docket (Bankr. D. Del.): Declaration of Chief Executive Officer and President of USA Synthetic Fuel Corporation in Support of First Day Pleadings


Wall Street Journal: Guardrail Whistleblower Puts Own Company Into Bankruptcy


Reuters: New LightSquared bankruptcy exit plan has Ergen’s support


Wall Street Journal: Frozen-Meal Maker Gourmet Express Files for Bankruptcy


Washington Post: How many licks can Tootsie Roll take before melting away?


BloombergBusiness: Caesars Warns Creditor Lawsuits Imperil Going-Concern Status


CNBC/Reuters: Miner Molycorp slumps after “going concern” warning


Chicago Tribune: Ebony skips March issue to renegotiate higher ad rates


Wall Street Journal: Is Your RadioShack Staying Open?


Chicago Tribune: Jobless rates fell across Illinois in January


Medium: Gigaom: The Life and Death of a Venture Funded Media Startup


Re/Code: The Long Story Behind Gigaom’s Sudden Demise


BloombergBusiness: Investors Seeking Liquidity Get Craigslist for MBS From Vendor


Chapter 11 Cases: Turnarounds & Workouts Announces People to Watch in the Restructuring Industry for 2015


Weil, Gotshal & Manges: Bankruptcy Court Denies Debtor’s Request to Pay Estate Professionals with Cash Collateral


Offshore Engineer: Advice during the downturn


Reuters: Dueling petitions at SCOTUS cite circuit split on foreign antitrust

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