Daily Bankruptcy & Restructuring Newsletter for March 23, 2015

RadioShack Reports on Second Round of Lease Sale Process…

Court Docket (Bankr. D. Del.): Initial Bid Report for Round Two Sale of Leases (PDF)


 

Revel AC Tries Polo North Sale Again…

Court Docket (Bankr. D.N.J.): Emergency Motion for Entry of Order Approving the Sale of the Debtors’ Assets Free & Clear of Liens, Claims, Encumbrances & Interests & Granting Related Relief (PDF)


Wall Street Journal: Bahraini Bank Units File for U.S. Bankruptcy Protection


Press Release: Saratoga Resources Announces Extension of Forbearance Agreements with Senior Lenders; Engagement of Conway MacKenzie


Wall Street Journal: RadioShack’s Future to Be Decided at Bankruptcy Auction


Shareholders’ Square Table: Carl Icahn’s Letter to Local 54 Employees of the Trump Taj Mahal


Press Release: Government Development Bank for Puerto Rico Comments on Proposed Amendment to the Puerto Rico Constitution (PDF)


Wall Street Journal: In Atlantic City, Unease Over Emergency Managers


Reuters: New Jersey to pay $250,000 for Atlantic City fiscal work


Wall Street Journal: Young Financier’s Insurance Empire Collapses; Investments of insurance companies owned by Southport Lane Management were swapped for unusual and sometimes worthless assets


Wall Street Journal: More Ex-Howrey Partners Reach Accord With Trustee


Weil, Gotshal & Manges: ABI Chapter 11 Reform Commission Series: Trade Creditor and Employee Priorities

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