Louisiana Pellets Files for Bankruptcy, iHeartRadio Seeks Standstill

Court Docket (Bankr. W.D. La.): Declaration of CEO in Support of Chapter 11 Bankruptcy Filings by Louisiana Pellets, Inc. and German Pellets Louisiana, LLC

Bloomberg: IHeart Said to Discuss Detente With Debt Holders to Forge Deal

MarketWatch: Corporate defaults are on the rise, with 3 more this week

Wall Street Journal: Chinese Ship Builder Warns Investors of Possible Rougher Seas Ahead

Bloomberg: Goldman Sachs Says 40% of Lending to Oil and Gas Firms Is Junk

Reuters: As U.S. shale sinks, pipeline fight sends woes downstream

Forbes: Spread Gap? Leveraged Loans Trading Well Wide Of What Default Rates Imply

The Olympian: Borders CEO recalls ‘painful time’ 5 years after bankruptcy

Bloomberg: IMF’s Lagarde Says Oil May Stay Low for Longer Than Expected

Credit Slips: Pari Passu Endgames: Now With Even More Unequal Treatment!

Wall Street Journal: Toys ‘R’ Us Poses a Test for Junk-Bond Markets

The Recorder: Is a Bitcoin a Buck? Not in This Case

Crain’s Detroit Business: Conway MacKenzie co-founder sues after being ousted as CEO – Van Conway plans to start new business advisory firm

American Bankruptcy Institute: No Claim Arises from Loss of a Make-Whole Premium, Delaware District Judge Holds

Weil, Gotshal & Manges: Timing Is Everything – Frenville Continues to Surface in Pre-2011 Cases

Leave a Reply