Daily Bankruptcy & Restructuring Newsletter for April 29, 2015

Pittsburgh Post-Gazette: U.S. Steel cuts 2,800 jobs – CEO: ‘We’re preparing for a stormy period ahead’


Business Insider: Coach is getting crushed after announcing a sales miss and store closures


Wall Street Journal: Lackluster Avon Explores Makeover – Falling U.S. sales, murky strategy force beauty firm to consider shift


S&P Capital IQ: The U.S. Dollar And Crude Oil Push 2015 S&P 500 Earnings Expectations Into Negative Territory


Mergers & Acquisitions: Distressed Company Watch List


Reuters: Lew urges Puerto Rico to develop ‘credible’ 2016 budget -Treasury


Bloomberg Politics: Jeb Bush Says Puerto Rico Agencies Should Have Access to Bankruptcy


Daily Bankruptcy Review: Endeavour Prepares to Ward Off Lawsuit Over Refinancing


Crain’s Detroit Business: Evans’ Wayne County ‘recovery plan’ to save $53.4 million annually


The Detroit News: Detroit education overhaul plan coming Thursday


The Detroit News: Video of Michigan Governor Snyder and Kevyn Orr at the Milken Institute’s global conference



New Jersey Herald: Stockton University president hastening departure with leave


WSJ Opinion: Corinthian’s Last Rites


Associated Press: Corinthian students face difficult choices after shutdown


Wall Street Journal: Appellate Court Denies Tim Blixseth’s Release From Jail


Vegas Inc: After Bankruptcy – Tropicana to be sold to Penn National Gaming


New York Times: Profit at Ford Falls on Strong Dollar and Lower Sales


The Deal: Going, going … wait, what? Buyout shops find auction wins elusive


Bloomberg: Salus Capital Appoints Co-Heads in Shakeup After RadioShack


The Post and Courier: Charleston School of Law on shaky ground


Squire Patton Boggs: Can Estate Professionals Be Paid If Their Efforts Produce Nothing Of Substance?


Schulte Roth & Zabel: UK Supreme Court Clarifies Allocation of Prepayment Premiums for Debt Traders


Bloomberg: In His Words: A Look Back at Harvey Miller

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