Sequa Burning Cash at Alarming Rate; American Apparel Averts Default . . . For Now; Patriot Coal Has a Plan

Bloomberg: Carlyle’s Sequa Said to Burn Through 44% of Cash; Loans Plunge

Wall Street Journal: American Apparel Agrees to $90 Million Asset-Based Infusion

Forbes/S&P Capital IQ: Patriot Coal Leveraged Loan To See 80% Recovery Under Reorg Plan

Debtwire: Ceagro enters into 30-day standstill agreement with banks

Bloomberg: KKR Losses May Reach $5 Billion From Samson, Energy Future Busts

Forbes: Oil Goes Down, Bankruptcies Go Up – These 5 Frackers Could Be Next To Fall

Trepp: 2008 CMBS Deal Hit with $79 Million in Losses, Nearly Reaching the AJ Class; Mall Portfolio Maturity Date Extended a Second Time

Bloomberg: McClendon’s Marcellus Misadventure Exposes Lenders to More Pain

The Street: Republic Airways Labor Woes Leave Its Stock in a Tailspin

Fortune: J.C. Penney’s plan to catch up in the e-commerce wars

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