International Supply Co. (Edelstein, IL) Files for Chapter 11 Bankruptcy; Millennium Health on Verge of Doing the Same?

Bloomberg: Caesars Debt Talks Said to Hit Impasse as Creditor Pact Expires


Court Docket (Bankr. C.D. Ill.): Voluntary Chapter 11 Petition Filed by International Supply Co. of Edelstein, Illinois ($10-50 million in estimated assets and liabilities).  According to the company’s website, International Supply Co. “leads the way in engineering and manufacturing creative and intelligent solutions for the power generation industry”


Bloomberg: Millennium Health Said in Bankruptcy Talks Before Settlement



Dallas Business Journal: Forest Park’s Frisco hospital files for Chapter 11


Press Release: Sabra Moves Forward on Forest Park-Frisco Resolution


Bloomberg: Peabody Lenders Said to Hire Davis Polk for Debt Discussions


Leveraged Loan: When will leveraged loan default rates finally rise? Here’s What Loan Managers Say


Chicago Tribune: Caterpillar to cut at least 10,000 jobs



The Guardian: UK steelmakers appeal for help as threat of closures looms


RT Business: Kiev stops debt payments, faces technical default


Bloomberg: Junk Deals Get Wary Welcome as Lenders Put Off by Fed Delay


Loan Syndication & Trading Association: Amicus Brief Filed in Marblegate Asset Management v. Education Management Corp. before the Second Circuit Court of Appeals


Ohio State Law Journal (Forthcoming): When Faith Falls Short: Bankruptcy Decisions of Churches


Colorado Biz: Robert Klamser, President of UpShot Services LLC, Selected as One of Colorado’s Top 25 Young Professionals

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