Daily Bankruptcy & Restructuring Newsletter for April 24, 2015

Court Docket (Bankr. D. Del.): Motion filed by the official committee of unsecured creditors of Energy Future Holdings Corporation, Energy Future Intermediate Holding Company LLC, EFIH Finance Inc., and EECI, Inc. (the “EFH Committee”) for entry of an order pursuant to sections 105(a), 1102(a) and 1103(c) of the Bankruptcy Code, directing disclosure of Oncor bid information to the EFH Committee


Wall Street Journal: New Jersey Appoints Mediator as Atlantic City Tries to Avoid Bankruptcy Filing


Offshore Engineer: Trap Oil warns of possible insolvency


Reuters: Creditors, Caesars spar over control of casino bankruptcy


Cate Long via Twitter: PREPA Provides Formal Response to Ad Hoc Group of Bondholders’ Restructuring Proposal



Bloomberg: For Bill Gates, Too Little Debt is a Big Problem in Optim Case


DealBook: Family Office of Google’s Eric Schmidt Buys Stake in Hedge Fund D.E. Shaw


CNBC: Revel, utility ACR agree on 2-week power deal


Bloomberg: Detroit May Win Investment Grade on First Bonds Since Bankruptcy


The Deal: Panera Bread is sandwiched between a turnaround and an activist


The Deal Pipeline: State courts grow in popularity as forums for liquidations

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