Daily Bankruptcy & Restructuring Newsletter for June 15, 2015

Court Docket (Bankr. D. Del.): Voluntary Chapter 11 Bankruptcy Petition of Colt Defense LLC

Wall Street Journal: Colt Defense Files for Chapter 11 Bankruptcy Protection

Court Docket (Bankr. C.D. Cal.): Voluntary Chapter 11 Bankruptcy Petition of Anna’s Linens, Inc.

Court Docket (Bankr. N.D. Tex.): Affidavit of Robert N. Helms, Jr. (CEO and Manager of Victory Parent Company, LLC) in Support of the Victory Medical Center Mid-Cities, LP et al. Debtors’ Chapter 11 Petitions and Requests for First Day Relief

Bloomberg: RadioShack Files Bankruptcy Plan After Standard General Sale

Press Release: Moody’s: Global spec-grade corporate default rate rises to 2.4% in May

Press Release: Inside Credit: Fitch Revises Its Oil and Gas Price Assumptions

Bloomberg: Junk-Bond Defaults Growing as Pressure From Commodities Persists

Wall Street Journal: Ships Scrapped as Freight Rates Fall

Reuters: Corinthian Colleges exec grilled as creditors hunt for cash

Announcement: Cimento Tupi S.A. announces today that at this time it will not pay the interest of approximately U.S.$9,018,750 due as of May 11,2015 in connection with the Company’s U.S.$185,000,000 9.75% Senior Unsecured Notes due 2018.

Houston Chronicle: Potential blockbuster lawsuit filed against Comcast in CSN Houston collapse

The Deal: Negotiating a solution for NECC and fungal meningitis victims

Reuters: Puerto Rico tax revenue drops 14.1 percent in May -Treasury

Retail Insider: Why Telus is Shuttering Iconic BLACKS Photography

Wall Street Journal: Litigation Bets Burn Hedge Funds

Pando Daily: Is Spotify doomed because of Apple Music? No — Spotify’s been doomed from the start

Press of Atlantic City: Firm accuses Straub’s company of not paying for legal work

Georgetown Law Journal: Investing in Detroit: Automobiles, Bankruptcy, and the Future of Municipal Bonds

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