Opportunity on Thursday: Free Webinar Reviewing Energy Future Holdings’ Bankruptcy by Beard Group

WASHINGTON, May 6, 2014 /PRNewswire/ — Four corporate restructuring experts will review and offer their insights about Energy Future Holdings Corp.’s chapter 11 filing in a free Webinar at 1:00 p.m., Eastern Time, on Thurs., May 8, 2014.

Visit http://bankrupt.com/webinars/ for more information and to register for this Webinar. This Webinar is open to anyone at no charge, but advance registration for this Webinar is required to participate.

These four seasoned corporate restructuring professionals:

(A) Edward (Ted) Gavin, a Certified Turnaround Professional and Managing Partner in Gavin/Solmonese LLC’s Wilmington, Del., office;

(B) Christopher A. Ward, co-chair of the Bankruptcy and Financial Restructuring practice and managing shareholder of Polsinelli PC’s Delaware office;

(C) Edward M. Fox, a corporate restructuring lawyer in Polsinelli PC’s New York office; and

(D) Kell C. Mercer, a member of the Financial Services industry team at Husch Blackwell LLP in Houston, Tex.

will address these three important questions:

(1) How does one of the nation’s largest, most complex energy production companies end up in Chapter 11 — and how is it going to get out?

(2) How did the largest LBO in history turn into one of the largest chapter 11 bankruptcies ever filed — and how can it be corrected?

(3) What are the unique bankruptcy, business, and regulatory issues confronting EFH, its creditors, shareholders, and parties in interest, and how might they be resolved?

As widely reported, EFH and its debtor-affiliates sought chapter 11 protection on April 29, 2014, placing $36 billion of assets under Bankruptcy Court supervision to resolve $49 billion in liabilities.

This Webinar is produced by Beard Group, Inc. Beard Group publishes Turnarounds & Workouts, the Troubled Company Reporter, and the Troubled Company Prospector. Visit http://bankrupt.com/freetrial/ for a free trial subscription to one or more of Beard Group’s corporate restructuring publications. Beard Group also hosts the annual Distressed Investing conference in New York City on the Monday following Thanksgiving.

Hamtramck’s Financial Emergency

In recent months, Detroit’s bankruptcy has dominated the region’s news. But it’s not the only municipality in financial trouble. Hamtramck had a deficit of about two million dollars last year, and had stopped paying into its pension account. Emergency Manager Cathy Square was appointed last summer to stop the city’s financial emergency. She spoke with WDET’s J. Carlisle Larsen about the city’s path back to fiscal solvency.

Debtwire Podcast: Talking Distressed Investing w/ DDJ Capital founder Dave Breazzano

DDJ Capital Management founder Dave Breazzano discusses with Debtwire reporter Laura J. Keller where he drums up high-yield and distressed investing ideas. Breazzano also reveals his best-ever investment: Frontier Airlines. Other credits referenced include Caesars Entertainment, Momentive Performance Materials, M*Modal and Toys R’ Us.

The New York Times Created a Hilarious Re-Enactment of a Deposition Hung Up on the Definition of “Photocopy Machine”

The New York Times website has begun a new series where they will take an excerpt of a deposition or court transcript and create a dramatic re-enactment. If the first video in the series is reflective of the rest of the series, it will definitely be worth following. Embedded below, the first video provides a hilarious re-enactment of an Ohio deposition which got hung up on the definition of the term “photocopy machine.” Watch and enjoy.

Turnarounds & Workouts Announces Outstanding Young Restructuring Lawyers for 2014

Turnarounds & Workouts’ Special Report on Outstanding Young Restructuring Lawyers honors restructuring attorneys under the age of 40 who are leaders in their practice. The honorees are selected by Turnarounds and Workouts’ editorial staff based upon these attorneys’ recent representations and achievements, and from nominations received from leading restructuring attorneys nationwide.

A copy of the report can be viewed by visiting http://bit.ly/OYRL2014.

“All of the individuals included on this year’s Outstanding Young Restructuring Lawyers’ list had notable accomplishments in 2013 and I believe that they will continue to be leaders in the restructuring world for years to come,” said Turnarounds & Workouts editor Nina Novak.

For more than a quarter century, Turnarounds & Workouts newsletter, published by Beard Group, has recognized the achievements of top business professionals and attorneys in the bankruptcy, restructuring, and distressed investing industry.

To read more about the achievements of this year’s Outstanding Young Restructuring Lawyers, please visit http://bit.ly/OYRL2014.

For more information about Turnarounds & Workouts, please visit http://bankrupt.com/periodicals/tw.html.

Turnarounds & Workouts Announces Outstanding Young Restructuring Lawyers for 2014

Turnarounds & Workouts’ Special Report on Outstanding Young Restructuring Lawyers honors restructuring attorneys under the age of 40 who are leaders in their practice. The honorees are selected by Turnarounds and Workouts’ editorial staff based upon these attorneys’ recent representations and achievements, and from nominations received from leading restructuring attorneys nationwide.

A copy of the report can be viewed by visiting http://bit.ly/OYRL2014.

“All of the individuals included on this year’s Outstanding Young Restructuring Lawyers’ list had notable accomplishments in 2013 and I believe that they will continue to be leaders in the restructuring world for years to come,” said Turnarounds & Workouts editor Nina Novak.

For more than a quarter century, Turnarounds & Workouts newsletter, published by Beard Group, has recognized the achievements of top business professionals and attorneys in the bankruptcy, restructuring, and distressed investing industry.

To read more about the achievements of this year’s Outstanding Young Restructuring Lawyers, please visit http://bit.ly/OYRL2014.

For more information about Turnarounds & Workouts, please visit http://bankrupt.com/periodicals/tw.html.

Bankruptcy Court Issues New Opinion on Credit Bidding, Cites Fisker Opinion

Bankruptcy Judge Kevin Huennekens (U.S. Bankruptcy Court for the Eastern District of Virginia) issued a 16-page opinion today in the chapter 11 cases of The Free Lance-Star Publishing Co. of Fredericksburg, Va. and its affiliates.  The opinion, a copy of which is embedded below, limits a secured creditor’s right to credit bid its claim in a bankruptcy auction for the debtors’ assets and cites the January 2014 opinion on the same topic issued in the Fisker Automotive Holdings chapter 11 cases in Delaware.