Bankruptcy & Restructuring News Headlines for Tuesday Apr 19, 2022

Here's what we are reading this morning:

Homebuilder Sentiment in U.S. Drops to Lowest in Seven Months - Bloomberg: April NAHB index decreases to 77, fourth-straight decline; Current sales, prospective buyer traffic weakened this month

Infowars Files for Bankruptcy Amid Sandy Hook Lawsuits - Bloomberg: Jones’s firms found liable in Sandy Hook defamation lawsuits

Singapore Vies to Be Insolvency Hub With Sontchi Joining Bench: A noted American bankruptcy judge’s plan to join Singapore’s top commercial court later this year is a step forward for the island nation’s goal to become a magnet for corporate restructurings.

Homebuyers Discouraged by Rising Mortgage Rates, Prices, N.Y. Fed Survey Finds - Bloomberg: Potential homebuyers are getting discouraged by rising mortgage rates and home prices, according to a survey released on Monday by the New York Federal Reserve.

Justices Question Fixes for U.S. Trustee Bankruptcy Fee Disparity: The U.S. Supreme Court wrestled with how to address debtors’ Chapter 11 fee disparities that stem from systemic quirks existing in only two states.

Brazilian miner Samarco creditors reject debt restructuring proposal: Creditors of Brazilian miner Samarco Mineracao SA, a joint venture of Vale SA and BHP Billiton Ltd, on Monday rejected the debt restructuring plan presented by the company in an online creditors assembly.

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