Bankruptcy & Restructuring News: What We Are Reading on July 10, 2015 From Court Dockets, Leading Law Firms & Major News Organizations

Court Docket (Bankr. C.D. Cal): Motion of Official Committee of Unsecured Creditors Appointed in the Anna’s Linens, Inc. Chapter 11 Bankruptcy Cases for (1) Reconsideration of Debtor’s Emergency Motion for Entry of an Order Authorizing the Payment of Certain Prepetition Taxes and Custom Duties and 2) Upon Reconsideration Entry of Order Terminating Authority of Debtor to Pay Prepetition Taxes

Court Docket (Bankr. W.D. Mich.): United States Trustee’s Objection to the Motion of Family Christian, LLC et al. for Order (I) Conditionally Approving Disclosure Statement, (II) Fixing Voting Record Date, (III) Scheduling Disclosure Statement and Plan Confirmation Hearing and Approving Form and Manner of Related Notice and Objection Procedures, (IV) Approving Procedures and Deadlines Concerning Executory Contracts and Unexpired Leases, (V) Approving Solicitation Packages and Procedures and Deadlines for Soliciting, Receiving and Tabulating Votes on the Plan, and (VI) Approving the Forms of Ballots

S&P Capital IQ: Sabine Oil & Gas Gets Additional Forbearance From Second Lien Lenders Regarding Skipped Coupon Payment

Wall Street Journal: Oil Woes Hit Texas Hotels

Law360: Bankrupt Resort Can’t Force HR Firm To Fund Payroll

San Antonio Business Journal: Primera Energy will be led by trustee

Reuters: U.S. to halt legal steps vs Corinthian student loan defaults

The Deal: Sears just sold its last asset that had any real value. Trouble ahead?

Allen & Overy: Keeping the Lights on in Puerto Rico

Orrick: First Circuit Rules Bankruptcy Code Preempts Puerto Rico’s Recovery Act

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