Daily Bankruptcy & Restructuring Newsletter for April 10, 2015

Philly.com: Dispute leaves Revel in the dark

Bond Buyer: PREPA Restructuring Officer Optimistic on Consensual Restructuring Plan

U.S. Bank, N.A. (as Trustee): Notice to Beneficial Holders of Puerto Rico Electric Power Authority (PREPA) Power Revenue and Power Revenue Refunding Bonds

The Deal Pipeline: As DryShips works to pay down debt, negative headwinds could loom

Press Release: BPZ Energy Provides Operations Update

Wall Street Journal: Judge Approves Auction of Doral Financial Insurance Unit

South Florida Business Journal: Hollywood hospital files Chapter 11 as former CEO serves prison time

Star Tribune: Bankruptcy court gives Twin Cities Archdiocese until November to submit plan

Bond Buyer: No Deal Yet for Chicago on Wells Fargo Swaps

SEC Filing: Halcón Resources Corporation entered into an exchange agreement with two investment funds advised by Franklin Templeton Investments

SEC Filing: Conn’s, Inc. (NASDAQ: CONN) reported a 6.8% decline in net sales

Wall Street Journal: Save The Tourist Wear! Fresh Produce Clothing Line Looks for Buyer

Bloomberg: Private Equity’s Bet on Shipping Falters as Deal Boom Ends

Trepp: Vegas Retail Property Proves a Bad Bet

Wall Street Journal: Jack Butler of Hilco – Energy Rules are Being Fundamentally Rewritten

Keystone Crossroads: Mapping out Pennsylvania’s distressed municipal pension plans

Arent Fox: Delaware Bankruptcy Court Follows Momentive and Denies Noteholders’ Make-Whole Claims

Dechert: The Fifth Circuit Shifts the Risk of Doing Business with Fraudulent Enterprises to Trade Creditors

Weil, Gotshal & Manges: The Moral of the Tael – Tael One Partners Limited v Morgan Stanley & Co International PLC [2015] UKSC 12

Stone & Baxter: ABI Commission Report – Section 506(c) and Charges Against Collateral

Leave a Reply