Bloomberg: Yum’s Bonds Cut to Junk at Standard & Poor’s on Buyback Plan
Press Release: Foresight Energy Announces Receipt of Notice of Event of Default under Revolving Credit Agreement
Moody’s: Rating Action: Moody’s downgrades Horsehead’s to Caa1; outlook negative
Center for a New Economy: As the clock ticks for Puerto Rico, what would a debt default look like without the recourse of Chapter 9 of the U.S. Bankruptcy Code?
Bloomberg: Men’s Wearhouse Plunges on Free-Fall in Jos. A. Bank’s Sales
Bloomberg: Can Jos. A. Bank Really Survive Without Excessive Discounts?
Congressional Record: Introduction of the Bankruptcy Judgeship Act of 2015 by John Conyers, Jr. (Michigan)
Credit Slips: New Saudi Restructuring Law in 2016?
TechCrunch: Kickstarter Hires Journalist To Probe Collapse Of Zano Drone Project
Bloomberg Gadfly: Northwest Bio Keeps Going South
Harvard Business Review: The Overvaluation Trap
Credit Slips: The Trust Indenture Act Rider Is Not a “Clarifying Amendment”
Bloomberg: Third Avenue Blocks Redemptions From Credit Fund Amid Losses
Weil, Gotshal & Manges: Delaware Bankruptcy Court Denies Request to Appoint an Interim Trustee During the “Gap Period” in an Involuntary Case