Daily Bankruptcy & Restructuring Newsletter for June 19, 2015

Court Docket (Bankr. W.D. La.): Voluntary Chapter 11 Petition Filed by Saratoga Resources, Inc.

Press Release: Saratoga Resources, Inc. Files Voluntary Petitions for Protection under Chapter 11; Operations to Continue During Reorganization

Court Docket (Bankr. W.D. Mich.): Memorandum Opinion Denying Motion to Sell Substantially All Assets of Debtors Family Christian, LLC et al.

Court Docket (Bankr. D. Del.): Complaint Seeking Declaratory Relief Regarding Gift Card Claims (The State of Texas v. RadioShack Corp. and RadioShack Customer Service LLC)

Wall Street Journal: Hercules Offshore Reaches Restructuring Deal With Noteholders – Company expects prepackaged reorganization plan or chapter 11 filing to occur within a few weeks

Leveraged Loan: CORE Entertainment, owner of rights to American Idol, misses loan interest payment

SEC Filing: Noranda to Evaluate Strategic Alternatives; Board of Directors Engages Morgan Stanley as Financial Advisor, Takes Other Actions

Bloomberg: Kidswear Retailer Ezrani to Liquidate Assets in Bankruptcy

Reuters: Small U.S. frackers face extinction amid drilling drought

Bloomberg: The Shale Industry Could Be Swallowed By Its Own Debt

Wall Street Journal: Behind Chicago’s Rift With Moody’s: Rater’s Tough New Stance

Reuters: Finland to inject more funds into troubled nickel mine

Press of Atlantic City: Glenn Straub’s company sues ACR Energy Partners

Bloomberg: The Sudden Plunge in Venezuela Dollar Reserves Alarms Creditors

WSJ Private Equity Beat: Debt Weighs On Weight Watchers as Dieters’ Habits Change

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